Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX−0.041%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

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

costs, in and out, $10k−$380.381% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.041%, 7d avg −0.012%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTER-USDT-SWAP	0.7242	0.0100	pay 0.0050% / 4h	42m 09s	$12.1M	$19.3M	50x
Short	BingX ASTER-USDT	0.7239	0.0100	get 0.0050% / 4h	42m 09s	—	$9.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.012%: −$2.93
Slippage, 4 orders: −$18.14
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$41.07
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BingX: live order book, 11 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 OKX live order book, 1 min ago	0.69 bp	11.5 bp −$12	23.5 bp −$235	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	2.05 bp	8.8 bp −$9	11.4 bp −$114	34.7 bp −$3,470	118.2 bp −$59.1K

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
Deribit ASTER_USDC-PERPETUAL	−0.0371%	1h	0.7242	0.000%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7238	−0.051%	$259K	$963K	50x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7243	+0.014%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0007%	4h	0.7237	−0.069%	$53.7M	$108.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7254	+0.159%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7245	+0.043%	$30K	—	150x	as long as short
SoDEX ASTER-USD	+0.0011%	1h	0.7237	−0.069%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.044%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0071%	4h	0.7245	+0.041%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7242	+0.001%	$876K	$919K	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	0.7252	+0.138%	$357K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7248	+0.084%	$25.1M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7254	+0.166%	$252K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7237	−0.069%	$88.9M	$116.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7241	−0.014%	$48.4M	$24.4M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7242	long leg	$12.1M	$19.3M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7245	+0.041%	$6.3M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7239	−0.041%	$32.8M	$18.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7240	−0.022%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7238	−0.055%	$17.7M	$7.2M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7239	−0.041%	—	$9.8M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7240	−0.025%	$215K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7228	−0.198%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7260	+0.248%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7262	+0.276%	$84K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7248	+0.083%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7243	+0.014%	$241K	$134K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7243	+0.009%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7228	−0.190%	$209K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7244	+0.031%	$341K	$562K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7243	+0.011%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7256	+0.193%	$3.5M	$2.1M	75x	as long as short