Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.003%

Price spread now: 01 Exchange against Orderly+0.054%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.054% dearer against Orderly than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ASTER_USDC	0.7359	0.0094	pay 0.0047% / 4h	2h 42m	$14K	$845	10x
Short	01 Exchange ASTERUSD	0.7363	0.0072	get 0.0009% / 1h	42m 52s	$8K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Orderly. 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 OrderlybpFee 01 ExchangebpOrdersPrice spread, now +0.054%Rate

Funding earned: −$4.69
Price spread: +0.054% → 0.000%: $5.44
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$12.25
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 Orderly no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Orderly and 01 Exchange: 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	−0.0080%	1h	0.7385	+0.356%	$271K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7347	−0.167%	$55.3M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7356	−0.041%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7362	+0.035%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.421%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSDshort	+0.0072%	1h	0.7363	+0.054%	$8K	$4K	10x
Orderly PERP_ASTER_USDClong	+0.0094%	4h	0.7359	long leg	$14K	$845	10x
Lighter ASTER	+0.0096%	1h	0.7360	+0.010%	$894K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	+0.048%	$366K	$257K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7363	+0.049%	$252K	$71K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7336	−0.313%	$89.9M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7333	−0.353%	$49.1M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7342	−0.231%	$12.0M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7337	−0.299%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7335	−0.326%	$34.7M	$17.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7341	−0.246%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7335	−0.326%	$17.8M	$6.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7338	−0.285%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7350	−0.118%	$215K	$477K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7342	−0.226%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7340	−0.255%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	−0.109%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7359	0.000%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7354	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7348	−0.149%	$240K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7335	−0.324%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7352	−0.097%	$212K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0150%	1h	0.7353	−0.085%	$25.5M	$6.6M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7358	−0.015%	$338K	$500K	20x	as long as short
dYdX ASTER-USD	+0.0290%	1h	0.7363	+0.053%	$15K	$1K	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7361	+0.029%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7365	+0.082%	$3.5M	$1.9M	75x	as long as short