Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.079%

Price spread now: HTX against Coinbase International+0.045%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1291.295% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.330%+$33 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.045%, 7d avg +0.049%

Together, before fees+0.407%+$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7337	−0.0088	get 0.0011% / 1h	9m 31s	$270K	$878K	50x
Short	HTX ASTER-USDT	0.7340	0.0100	get 0.0050% / 4h	1h 09m	$243K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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 Coinbase InternationalbpFee HTXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $39.48
Price spread: +0.045% → +0.049%: −$0.42
Slippage, 4 orders: −$107.47
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$90.41
Costs to cover: 1.295%
Break-even: 23.0 days

Slippage from Coinbase International: live order book, 54 min ago; HTX: live order book, 52 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 Coinbase International live order book, 54 min ago	4.41 bp	13.1 bp −$13	17.4 bp −$174	doesn't fit	doesn't fit
Sell HTX live order book, 52 min ago	8.81 bp	20.1 bp −$20	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
Coinbase International ASTER-PERP-INTXlong	−0.0088%	1h	0.7337	long leg	$270K	$878K	50x
Deribit ASTER_USDC-PERPETUAL	−0.0009%	1h	0.7335	−0.027%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7329	−0.105%	$54.4M	$101.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7335	−0.030%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7326	−0.146%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7327	−0.132%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.726%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7337	+0.004%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7330	−0.093%	$893K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7328	−0.121%	$367K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7331	−0.080%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7327	−0.138%	$255K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7322	−0.195%	$90.0M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7327	−0.132%	$48.8M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7327	−0.132%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7329	−0.105%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7324	−0.173%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7326	−0.150%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7324	−0.173%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7324	−0.173%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7337	0.000%	$217K	$483K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7329	−0.104%	$2.0M	$369K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7332	−0.068%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7338	+0.018%	$70K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7348	+0.154%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7335	−0.023%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7340	+0.045%	$243K	$117K	20x
edgeX ASTERUSDC	+0.0103%	4h	0.7329	−0.103%	$211K	$2.0M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7325	−0.154%	$367K	$638K	25x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7339	+0.028%	$337K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.028%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7335	−0.023%	$3.5M	$1.9M	75x	as long as short