Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.038%
Price spread now: Kraken Futures against Coinbase International+0.034%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.034%, 7d avg +0.055%
Together, before fees−0.263%−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.020% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.055%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.328%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ASTER-PERP-INTX0.72460.0008pay 0.0001% / 1h54m 55s$251K$1.3M50x
ShortKraken Futures PF_ASTERUSD0.72490.0056get 0.0007% / 1h54m 55s$334K$599K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$10.09
Price spread: +0.034% → +0.055%
−$2.01
Slippage, 4 orders
−$45.87
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$57.79
Costs to cover
0.659%
Break-even
47.1 days
Slippage from Coinbase International: live order book, 4 min ago; Kraken Futures: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago3.09 bp15.0 bp −$1521.1 bp −$211doesn't fitdoesn't fit
Sell Kraken Futures live order book, 38 min ago6.86 bp22.1 bp −$2239.6 bp −$396doesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ASTER_USDC-PERPETUAL−0.0053%1h0.7247+0.007%$11K$55K25xas long as short
Aster ASTERUSDT0.0000%4h0.7231−0.212%$50.5M$110.1M200xas long as short
dYdX ASTER-USD0.0000%1h0.7254+0.113%$14K$1K5xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7313+0.916%$24K150xas long as short
Coinbase International ASTER-PERP-INTXlong+0.0008%1h0.7246long leg$251K$1.3M50x
Injective ASTER/USDC PERP+0.0033%1h0.7390+1.983%$9$133K5.5xas long as short
Kraken Futures PF_ASTERUSDshort+0.0056%1h0.7249+0.034%$334K$599K20x
01 Exchange ASTERUSD+0.0072%1h0.7249+0.037%$6K$7K10xas long as short
Orderly PERP_ASTER_USDC+0.0082%4h0.7249+0.037%$13K$1K10xas long as short
Lighter ASTER+0.0096%1h0.7252+0.073%$880K$427K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ASTER-PERP+0.0100%1h0.7250+0.056%$343K$259K5xas long as short
Pacifica ASTER+0.0100%1h0.7257+0.149%$255K$111K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7232−0.195%$91.4M$127.1M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7232−0.197%$49.1M$26.0M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7231−0.211%$12.3M$21.6M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7243−0.046%$6.3M$4.3M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7230−0.225%$34.0M$21.3M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7241−0.073%$11.0M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7228−0.253%$17.7M$8.2M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7231−0.211%$10.0Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7242−0.055%$210K$463K10xas long as short
Variational Omni ASTER+0.0100%4h0.7273+0.370%$2.1M$432Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7287+0.560%$451K$4.0M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7295+0.672%$111K$726K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7260+0.189%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7246−0.004%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7245−0.018%$242K$164K20xas long as short
Extended ASTER-USD+0.0104%1h0.7232−0.200%$364K$652K25xas long as short
edgeX ASTERUSDC+0.0119%4h0.7287+0.556%$213K$2.2M10xas long as short
Hyperliquid ASTER+0.0120%1h0.7245−0.015%$24.9M$7.5M5xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0303% / S −0.0215%1h0.7246−0.002%$27K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7250+0.051%$3.6M$2.0M75xas long as short