Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.044%

Price spread now: Deribit against Binance+0.034%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.274%−$27 on $10k

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. Deribit is 0.034% dearer against Binance than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTERUSDT	0.7338	0.0100	pay 0.0050% / 4h	1h 35m	$90.2M	$110.1M	75x
Short	Deribit ASTER_USDC-PERPETUAL	0.7340	0	get 0.0000% / 1h	35m 13s	$11K	$71K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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 BinancebpFee DeribitbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$21
Price spread: +0.034% → 0.000%: $3.41
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34.59
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago	0.68 bp	8.5 bp −$8	17.8 bp −$178	90.8 bp −$9,081	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
Coinbase International ASTER-PERP-INTX	−0.0088%	1h	0.7328	−0.131%	$270K	$877K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7337	−0.016%	$54.7M	$101.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7332	−0.088%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7335	−0.041%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7340	+0.034%	$11K	$71K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7338	0.000%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.709%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0089%	4h	0.7339	+0.014%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7343	+0.075%	$891K	$901K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7332	−0.075%	$367K	$252K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7349	+0.150%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7331	−0.101%	$255K	$72K	10x	as long as short
Binance ASTERUSDTlong	+0.0100%	4h	0.7338	long leg	$90.2M	$110.1M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7339	+0.014%	$49.0M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7344	+0.082%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7334	−0.055%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7340	+0.027%	$33.7M	$17.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7337	−0.020%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7339	+0.014%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7342	+0.055%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7344	+0.082%	$215K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7333	−0.067%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7325	−0.175%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7323	−0.204%	$65K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7346	+0.109%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7340	+0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	−0.055%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7340	+0.022%	$367K	$640K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7318	−0.268%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7346	+0.106%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.038%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7341	+0.041%	$3.5M	$1.9M	75x	as long as short