Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against SunX−0.090%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$240as in the Price arb table

costs, in and out, $10k−$2422.424% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.090%, 7d avg −0.118%

Together, before fees−0.138%+ Points / potential airdropExtended: Active · farm board−$14 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: Extended is 0.029% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.118%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7482	0.0100	pay 0.0050% / 4h	49m 45s	$2K	$1.7M	20x
Short	Extended ASTER-USD	0.7475	0.0104	get 0.0013% / 1h	49m 45s	$380K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0.84
Price spread: −0.090% → −0.118%: $2.85
Slippage, 4 orders: −$229.43
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$238.73
Costs to cover: 2.424%
Break-even: 1996.5 days

Slippage from SunX: live order book, 5 min ago; Extended: live order book, 28 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 SunX live order book, 5 min ago	30.78 bp	106.9 bp −$107	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 28 min ago	2.23 bp	4.8 bp −$5	7.9 bp −$79	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	−0.0136%	1h	0.7457	−0.338%	$261K	$847K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7470	−0.157%	$57.0M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7470	−0.161%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7471	−0.152%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7471	−0.152%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7474	−0.103%	$338K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.230%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7478	−0.059%	$926K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7472	−0.134%	$374K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7475	−0.096%	$256K	$107K	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	0.7471	−0.144%	$91.5M	$107.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7471	−0.147%	$50.0M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7473	−0.120%	$12.1M	$18.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7475	−0.094%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7479	−0.040%	$34.6M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7473	−0.114%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7472	−0.134%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7471	−0.147%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7471	−0.144%	$269K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7471	−0.146%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7457	−0.333%	$459K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7466	−0.214%	$67K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7469	−0.174%	$14K	$845	10x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7482	long leg	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7469	−0.174%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7467	−0.200%	$244K	$119K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7475	−0.090%	$380K	$635K	25x
edgeX ASTERUSDC	+0.0110%	4h	0.7455	−0.365%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7477	−0.067%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7471	−0.151%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0317%	1h	0.7481	−0.011%	$26.0M	$6.8M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7469	−0.174%	$3.5M	$1.9M	75x	as long as short