Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.001%

Price spread now: Extended against BingX+0.021%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.021%, 7d avg +0.019%

Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7299	0.0100	pay 0.0050% / 4h	2h 20m	—	$9.9M	—
Short	Extended ASTER-USD	0.7301	0.0016	get 0.0002% / 1h	20m 19s	$364K	$642K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$17.64
Price spread: +0.021% → +0.019%: $0.22
Slippage, 4 orders: −$12.39
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$44.8
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago	2.07 bp	8.9 bp −$9	11.8 bp −$118	53.3 bp −$5,332	392.9 bp −$196.4K
Sell Extended live order book, 28 min ago	2.96 bp	5.5 bp −$5	7.5 bp −$75	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	−0.0048%	1h	0.7316	+0.226%	$269K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7287	−0.164%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7338	+0.531%	$52.6M	$113.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7309	+0.133%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7299	−0.005%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7297	−0.033%	$24K	—	150x	as long as short
Extended ASTER-USDshort	+0.0016%	1h	0.7301	+0.021%	$364K	$642K	25x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.247%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7300	+0.014%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7300	+0.021%	$885K	$924K	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	0.7287	−0.164%	$341K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7297	−0.025%	$24.9M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7304	+0.069%	$254K	$84K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7341	+0.576%	$90.7M	$124.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7343	+0.603%	$49.4M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7345	+0.630%	$12.5M	$21.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7291	−0.110%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7348	+0.671%	$34.6M	$20.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7302	+0.042%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7297	−0.027%	$17.8M	$8.2M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7299	long leg	—	$9.9M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7256	−0.589%	$210K	$488K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.627%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7227	−0.992%	$445K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7231	−0.932%	$98K	$735K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7298	−0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7297	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7340	+0.562%	$243K	$167K	20x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7230	−0.950%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0296%	1h	0.7307	+0.111%	$338K	$639K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7299	−0.003%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7250	−0.671%	$3.5M	$2.0M	75x	as long as short