Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.045%

Price spread now: Deribit against BingX+0.078%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.324%−$32 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 0.078% dearer against BingX than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7303	0.0100	pay 0.0050% / 4h	2h 17m	—	$9.9M	—
Short	Deribit ASTER_USDC-PERPETUAL	0.7309	0	get 0.0000% / 1h	17m 56s	$11K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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 BingXbpFee DeribitbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$21
Price spread: +0.078% → 0.000%: $7.81
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$30.19
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 5 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 BingX live order book, 5 min ago	2.07 bp	8.9 bp −$9	11.8 bp −$118	53.3 bp −$5,332	392.9 bp −$196.4K
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	−0.0048%	1h	0.7307	+0.059%	$277K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7309	+0.082%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7307	+0.058%	$52.4M	$113.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7312	+0.119%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7309	+0.078%	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7311	+0.107%	$24K	—	150x	as long as short
Extended ASTER-USD	+0.0024%	1h	0.7306	+0.034%	$364K	$643K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.191%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7310	+0.096%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7312	+0.127%	$886K	$927K	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	0.7310	+0.103%	$342K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7313	+0.133%	$25.0M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7310	+0.102%	$257K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7304	+0.009%	$91.4M	$126.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7303	0.000%	$49.2M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7305	+0.027%	$12.5M	$21.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7306	+0.041%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7305	+0.027%	$34.3M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7308	+0.067%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7306	+0.041%	$17.8M	$8.3M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7303	long leg	—	$9.9M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7310	+0.101%	$208K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.681%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7227	−1.046%	$445K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7231	−0.986%	$98K	$735K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7321	+0.246%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7309	+0.082%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7313	+0.137%	$243K	$170K	20x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7257	−0.628%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0296%	1h	0.7313	+0.132%	$337K	$640K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7311	+0.109%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7314	+0.151%	$3.5M	$2.0M	75x	as long as short