Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: Gate against BingX−0.068%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.068%, 7d avg +0.014%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ASTER-USDT	0.7405	0.0100	pay 0.0050% / 4h	2h 44m	—	$9.6M	—
Short	Gate ASTER_USDT	0.7400	0.0100	get 0.0050% / 4h	2h 44m	$6.3M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → +0.014%: −$8.16
Slippage, 4 orders: −$22.31
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.48
Costs to cover: 0.473%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Gate: live order book, 4 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, 9 min ago	1.35 bp	6.4 bp −$6	9.1 bp −$91	35.4 bp −$3,542	170.8 bp −$85.4K
Sell Gate live order book, 4 min ago	1.35 bp	13.6 bp −$14	28.3 bp −$283	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	−0.0160%	1h	0.7400	−0.066%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.378%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7399	−0.075%	$56.8M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7402	−0.035%	$11K	$102K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7401	−0.052%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0007%	1h	0.7405	−0.003%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7403	−0.032%	$909K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0097%	4h	0.7400	−0.068%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7400	−0.065%	$368K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7401	−0.048%	$254K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7403	−0.029%	$90.7M	$105.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7403	−0.027%	$49.3M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7406	+0.014%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7400	−0.068%	$6.3M	$5.0M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7400	−0.068%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7399	−0.082%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7403	−0.027%	$18.1M	$6.1M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7405	long leg	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7402	−0.042%	$265K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7393	−0.168%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7393	−0.166%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7395	−0.135%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7408	+0.041%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7398	−0.095%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7399	−0.081%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7400	−0.070%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7391	−0.185%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0184%	1h	0.7403	−0.027%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7402	−0.044%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7402	−0.047%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7396	−0.122%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0472%	1h	0.7411	+0.081%	$26.0M	$6.8M	5x	as long as short