Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.039%

Price spread now: Deribit against KuCoin−0.090%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.090% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7249	0.0100	pay 0.0050% / 4h	15m 31s	$10.7M	$3.3M	75x
Short	Deribit ASTER_USDC-PERPETUAL	0.7243	0	get 0.0000% / 1h	15m 31s	$11K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against KuCoin. 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 KuCoinbpFee DeribitbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$21
Price spread: −0.090% → 0.000%: −$8.97
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$48.97
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.

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 KuCoin live order book, 3 min ago	2.40 bp	26.1 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0072%	1h	0.7243	−0.080%	$270K	$1.0M	50x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7252	+0.040%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0004%	4h	0.7245	−0.063%	$52.8M	$110.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7243	−0.088%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7243	−0.090%	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0003%	1h	0.7243	−0.090%	$31K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.944%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0067%	4h	0.7240	−0.126%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7246	−0.043%	$876K	$922K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7250	+0.016%	$357K	$265K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7250	+0.019%	$24.7M	$7.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7245	−0.052%	$252K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7249	−0.001%	$89.0M	$119.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7247	−0.029%	$48.6M	$25.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7252	+0.040%	$12.2M	$19.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7243	−0.084%	$6.4M	$5.6M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7242	−0.098%	$33.4M	$19.9M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7249	long leg	$10.7M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7243	−0.084%	$17.7M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7244	−0.070%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7239	−0.138%	$209K	$495K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7240	−0.122%	$2.0M	$401K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7275	+0.362%	$448K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7278	+0.399%	$99K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7248	−0.015%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7242	−0.098%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7240	−0.126%	$241K	$141K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7247	−0.025%	$363K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7274	+0.344%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7246	−0.039%	$342K	$588K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7243	−0.083%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7275	+0.357%	$3.5M	$2.1M	75x	as long as short