Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0373%/8h= −40.9% APRpaid last 24h −0.045%

Price spread now: Deribit against SunX−0.118%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.334%−$33 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 −$11 a day on $10k at the current rate, and Deribit is 0.118% cheaper against SunX than usual: you would sell low and buy high (−$12 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	SunX ASTER-USDT	0.7270	0.0100	pay 0.0050% / 4h	43m 36s	$2K	$1.7M	20x
Short	Deribit ASTER_USDC-PERPETUAL	0.7261	−0.0273	pay 0.0034% / 1h	43m 36s	$11K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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 SunXbpFee DeribitbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$78.34
Price spread: −0.118% → 0.000%: −$11.83
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$105.17
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 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 SunX live order book, 12 min ago	31.95 bp	110.1 bp −$110	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
Deribit ASTER_USDC-PERPETUALshort	−0.0273%	1h	0.7261	−0.118%	$11K	$72K	25x
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7263	−0.102%	$260K	$965K	50x	as long as short
Aster ASTERUSDT	−0.0004%	4h	0.7263	−0.096%	$53.9M	$107.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7269	−0.019%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7265	−0.069%	$8K	$4K	10x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7268	−0.034%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.651%	$9	$133K	5.5x	as long as short
SoDEX ASTER-USD	+0.0052%	1h	0.7262	−0.110%	$13K	$8K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0074%	4h	0.7261	−0.124%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7271	+0.012%	$879K	$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	0.7269	−0.020%	$358K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7277	+0.091%	$25.2M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7270	0.000%	$252K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7267	−0.037%	$89.3M	$116.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7271	+0.014%	$48.5M	$24.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7273	+0.041%	$12.1M	$19.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7272	+0.028%	$6.4M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7271	+0.014%	$33.0M	$18.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7268	−0.032%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7269	−0.014%	$17.8M	$7.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7270	0.000%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7268	−0.034%	$214K	$493K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7228	−0.582%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7302	+0.437%	$447K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7234	−0.495%	$83K	$723K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7270	long leg	$2K	$1.7M	20x
HTX ASTER-USDT	+0.0100%	4h	0.7268	−0.028%	$241K	$134K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7271	+0.015%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7228	−0.574%	$209K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0284%	1h	0.7267	−0.042%	$343K	$561K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7271	+0.011%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7251	−0.261%	$3.5M	$2.1M	75x	as long as short