Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.085%

Price spread now: 01 Exchange against BloFin−0.027%338s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and 01 Exchange is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 338 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7365	0.0340	pay 0.0170% / 4h	2h 43m	$3.5M	$1.9M	75x
Short	01 Exchange ASTERUSD	0.7363	0.0072	get 0.0009% / 1h	43m 07s	$8K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.027%Rate

Funding earned: −$56.28
Price spread: −0.027% → 0.000%: −$2.72
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$78
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 10 min ago; 01 Exchange: 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 BloFin live order book, 10 min ago	0.68 bp	7.3 bp −$7	14.6 bp −$146	48.3 bp −$4,829	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0080%	1h	0.7385	+0.274%	$271K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7357	−0.104%	$55.4M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7356	−0.122%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7362	−0.046%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.339%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSDshort	+0.0072%	1h	0.7363	−0.027%	$8K	$4K	10x
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7359	−0.081%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7360	−0.072%	$894K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	−0.034%	$366K	$257K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7363	−0.033%	$252K	$71K	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	0.7338	−0.370%	$89.9M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7336	−0.394%	$49.1M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7337	−0.380%	$12.1M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7355	−0.136%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7356	−0.122%	$34.9M	$17.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7359	−0.079%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7344	−0.285%	$17.8M	$6.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7344	−0.285%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7350	−0.200%	$215K	$477K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7342	−0.307%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7340	−0.337%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	−0.190%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7359	−0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7354	−0.149%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7348	−0.231%	$240K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7354	−0.155%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7352	−0.179%	$212K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0150%	1h	0.7353	−0.166%	$25.5M	$6.6M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7358	−0.097%	$338K	$500K	20x	as long as short
dYdX ASTER-USD	+0.0290%	1h	0.7363	−0.029%	$15K	$1K	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7361	−0.053%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7365	long leg	$3.5M	$1.9M	75x