Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.061%

Price spread now: Extended against BloFin−0.078%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.502%−$50 on $10k

Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.078%, 7d avg +0.001%

Together, before fees−0.426%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7390	0.0340	pay 0.0170% / 4h	1h 26m	$3.4M	$1.9M	75x
Short	Extended ASTER-USD	0.7384	0.0104	get 0.0013% / 1h	26m 36s	$376K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$49.56
Price spread: −0.078% → +0.001%: −$7.91
Slippage, 4 orders: −$16.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$91.28
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Extended: live order book, 56 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 BloFin live order book, 2 min ago	4.74 bp	11.9 bp −$12	19.9 bp −$199	39.5 bp −$3,945	doesn't fit
Sell Extended live order book, 56 min ago	2.62 bp	5.1 bp −$5	8.5 bp −$85	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	−0.0136%	1h	0.7393	+0.043%	$260K	$841K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7393	+0.044%	$56.6M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7396	+0.078%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7396	+0.079%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.271%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0085%	1h	0.7392	+0.028%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7397	+0.091%	$915K	$870K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7392	+0.033%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7392	+0.025%	$253K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7390	0.000%	$90.4M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7388	−0.027%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7388	−0.027%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7394	+0.054%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7388	−0.027%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7394	+0.058%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7390	0.000%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7387	−0.041%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7395	+0.066%	$263K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7384	−0.087%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7395	+0.063%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.149%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7398	+0.108%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7398	+0.108%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7394	+0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7390	0.000%	$242K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7393	+0.035%	$213K	$1.9M	10x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7384	−0.078%	$376K	$635K	25x
01 Exchange ASTERUSD	+0.0136%	1h	0.7390	0.000%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7398	+0.107%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0160%	1h	0.7398	+0.108%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7395	+0.067%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7390	long leg	$3.4M	$1.9M	75x