Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Extended against Aster+0.001%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.001%, 7d avg −0.015%

Together, before fees−0.080%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASTERUSDT	0.7449	0	get 0.0000% / 4h	3m 04s	$56.7M	$100.9M	200x
Short	Extended ASTER-USD	0.7449	0.0104	get 0.0013% / 1h	3m 04s	$374K	$641K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now +0.001%Rate

Funding earned: $21.84
Price spread: +0.001% → −0.015%: $1.59
Slippage, 4 orders: −$10.92
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$0.49
Costs to cover: 0.239%
Break-even: 7.2 days

Slippage from Aster: live order book, 6 min ago; Extended: live order book, 10 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 Aster live order book, 6 min ago	0.67 bp	6.2 bp −$6	14.0 bp −$140	175.5 bp −$17.5K	doesn't fit
Sell Extended live order book, 10 min ago	3.29 bp	5.8 bp −$6	8.8 bp −$88	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	0.7431	−0.241%	$264K	$864K	50x	as long as short
Aster ASTERUSDTlong	0.0000%	4h	0.7449	long leg	$56.7M	$100.9M	200x
dYdX ASTER-USD	0.0000%	1h	0.7447	−0.033%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7450	+0.007%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7450	+0.004%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7453	+0.047%	$338K	$492K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.798%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7452	+0.033%	$923K	$885K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7457	+0.101%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7445	−0.060%	$372K	$267K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7447	−0.027%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7446	−0.046%	$91.3M	$107.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7452	+0.034%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7449	−0.006%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7451	+0.021%	$6.3M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7451	+0.021%	$35.3M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7452	+0.032%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7444	−0.073%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7446	−0.046%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7444	−0.069%	$216K	$401K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	−0.254%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7432	−0.240%	$460K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7432	−0.234%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7454	+0.061%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7448	−0.019%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7448	−0.019%	$243K	$119K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7449	+0.001%	$374K	$641K	25x
edgeX ASTERUSDC	+0.0117%	4h	0.7437	−0.161%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7449	−0.006%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7448	−0.020%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0328%	1h	0.7455	+0.070%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7444	−0.073%	$3.5M	$1.9M	75x	as long as short