Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.025%

Price spread now: Extended against Gate+0.047%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.047%, 7d avg −0.004%

Together, before fees+0.010%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.052% dearer against Gate than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.004%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.024% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTER_USDT	0.7309	0.0100	pay 0.0050% / 4h	2h 18m	$6.3M	$5.8M	75x
Short	Extended ASTER-USD	0.7312	0.0024	get 0.0003% / 1h	18m 14s	$364K	$643K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee ExtendedbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$15.96
Price spread: +0.047% → −0.004%: $5.17
Slippage, 4 orders: −$26.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$57.04
Costs to cover: 0.463%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Extended: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	2.07 bp	18.0 bp −$18	34.9 bp −$349	doesn't fit	doesn't fit
Sell Extended live order book, 30 min ago	2.96 bp	5.5 bp −$5	7.5 bp −$75	doesn't fit	doesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7307	−0.023%	$277K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7309	0.000%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7312	+0.046%	$52.5M	$113.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7312	+0.037%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7309	−0.004%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7311	+0.025%	$24K	—	150x	as long as short
Extended ASTER-USDshort	+0.0024%	1h	0.7312	+0.047%	$364K	$643K	25x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.108%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7310	+0.014%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7312	+0.045%	$886K	$927K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7310	+0.021%	$342K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7316	+0.099%	$25.0M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7310	+0.020%	$257K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7311	+0.025%	$91.5M	$126.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7305	−0.055%	$49.2M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7305	−0.055%	$12.5M	$21.1M	50x	as long as short
Gate ASTER_USDTlong	+0.0100%	4h	0.7309	long leg	$6.3M	$5.8M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7307	−0.027%	$34.3M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7311	+0.034%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7308	−0.014%	$17.8M	$8.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7309	0.000%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7317	+0.108%	$209K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.763%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7227	−1.127%	$445K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7231	−1.067%	$98K	$735K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7321	+0.164%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7309	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7313	+0.055%	$243K	$170K	20x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7257	−0.710%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0296%	1h	0.7313	+0.049%	$337K	$640K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7311	+0.027%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7314	+0.068%	$3.5M	$2.0M	75x	as long as short