Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.018%

Price spread now: Binance against 01 Exchange−0.085%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Binance

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.085% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 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	01 Exchange ASTERUSD	0.7398	0.0136	pay 0.0017% / 1h	31m 53s	$8K	$4K	10x
Short	Binance ASTERUSDT	0.7392	0.0100	get 0.0050% / 4h	1h 31m	$90.5M	$106.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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 01 ExchangebpFee BinancebpOrdersPrice spread, now −0.085%Rate

Funding earned: −$7.56
Price spread: −0.085% → 0.000%: −$8.48
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$33.04
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 11 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	0.68 bp	8.2 bp −$8	16.3 bp −$163	65.8 bp −$6,580	268.5 bp −$134.2K

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	−0.0136%	1h	0.7393	−0.065%	$260K	$842K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7391	−0.095%	$56.5M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7394	−0.059%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7393	−0.062%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.162%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0096%	1h	0.7394	−0.054%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7397	−0.018%	$912K	$859K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7395	−0.041%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7395	−0.046%	$253K	$107K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7392	−0.085%	$90.5M	$106.9M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7388	−0.135%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7391	−0.095%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7389	−0.122%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7398	0.000%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7389	−0.119%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7390	−0.108%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7390	−0.108%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	−0.084%	$262K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	−0.018%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7396	−0.024%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7398	0.000%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7392	−0.081%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7402	+0.054%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7393	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7395	−0.041%	$242K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7390	−0.104%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7394	−0.055%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSDlong	+0.0136%	1h	0.7398	long leg	$8K	$4K	10x
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7397	−0.018%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0161%	1h	0.7399	+0.008%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7393	−0.062%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7395	−0.041%	$3.4M	$1.9M	75x	as long as short