Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.035%

Price spread now: Bitget against Deribit−0.011%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7244	0	get 0.0000% / 1h	57m 42s	$11K	$41K	25x
Short	Bitget ASTERUSDT	0.7243	0.0100	get 0.0050% / 4h	1h 57m	$17.7M	$7.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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 DeribitbpFee BitgetbpOrdersPrice spread, now −0.011%Rate

Funding earned: $21
Price spread: −0.011% → 0.000%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: $0.9
Costs to cover: 0.190%
Break-even: 6.7 days

Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 4 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	0.69 bp	11.2 bp −$11	26.6 bp −$266	64.9 bp −$6,492	doesn't fit

Deribit: 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 exchanges

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
Aster ASTERUSDT	0.0000%	4h	0.7243	−0.011%	$50.1M	$104.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7249	+0.076%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7244	long leg	$11K	$41K	25x
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7247	+0.043%	$246K	$1.2M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7247	+0.049%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.018%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7248	+0.058%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7247	+0.044%	$872K	$432K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7246	+0.023%	$347K	$227K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7247	+0.048%	$25.0M	$6.8M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7251	+0.100%	$255K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7243	−0.011%	$91.4M	$121.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7243	−0.011%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7244	+0.003%	$12.4M	$21.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7246	+0.030%	$6.5M	$4.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7244	+0.003%	$33.7M	$21.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7248	+0.064%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7243	−0.011%	$17.7M	$7.0M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7243	−0.011%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7248	+0.059%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	0.000%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7241	−0.043%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7249	+0.072%	$95K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7254	+0.141%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7244	+0.003%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7240	−0.052%	$242K	$153K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7245	+0.013%	$211K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7243	−0.016%	$363K	$598K	25x	as long as short
01 Exchange ASTERUSD	+0.0128%	1h	0.7247	+0.044%	$6K	$7K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0250%	1h	0.7249	+0.067%	$334K	$589K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7245	+0.013%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7246	+0.030%	$3.6M	$1.9M	75x	as long as short