Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0268%/8h= −29.4% APRpaid last 24h −0.042%

Price spread now: Deribit against Bitget−0.018%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$620.619% of the position

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.018%, 7d avg −0.015%

Together, before fees−0.261%−$26 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: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTERUSDT	0.7406	0.0100	pay 0.0050% / 4h	2h 32m	$18.1M	$6.2M	50x
Short	Deribit ASTER_USDC-PERPETUAL	0.7405	−0.0168	pay 0.0021% / 1h	32m 40s	$11K	$87K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$56.38
Price spread: −0.018% → −0.015%: −$0.23
Slippage, 4 orders: −$42.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$118.54
Costs to cover: 0.619%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Deribit: live order book, 55 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 Bitget live order book, 1 min ago	2.03 bp	10.9 bp −$11	25.0 bp −$250	72.6 bp −$7,259	doesn't fit
Sell Deribit live order book, 55 min ago	9.57 bp	13.1 bp −$13	doesn't fit	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
Deribit ASTER_USDC-PERPETUALshort	−0.0168%	1h	0.7405	−0.018%	$11K	$87K	25x
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7399	−0.093%	$251K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	+0.054%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7404	−0.027%	$56.8M	$99.7M	200x	as long as short
dYdX ASTER-USD	+0.0004%	1h	0.7410	+0.051%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7407	+0.016%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7409	+0.043%	$910K	$845K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7409	+0.041%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7410	+0.061%	$368K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7408	+0.023%	$254K	$108K	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	0.7405	−0.014%	$90.7M	$106.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7405	−0.014%	$49.5M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7404	−0.027%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7407	+0.014%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7404	−0.027%	$34.1M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7408	+0.022%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDTlong	+0.0100%	4h	0.7406	long leg	$18.1M	$6.2M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7405	−0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7404	−0.031%	$265K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7403	−0.037%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7411	+0.068%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7420	+0.189%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7411	+0.068%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7404	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7414	+0.108%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7404	−0.025%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7407	+0.008%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7409	+0.041%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7408	+0.025%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7405	−0.018%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7404	−0.027%	$3.4M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0493%	1h	0.7416	+0.131%	$26.0M	$6.8M	5x	as long as short