Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%

Price spread now: Gate against Deribit−0.053%51s7-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 Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.053% cheaper against Deribit than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day). The two prices were read 51 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	Deribit ASTER_USDC-PERPETUAL	0.7337	0	get 0.0000% / 1h	0m 24s	$11K	$56K	25x
Short	Gate ASTER_USDT	0.7333	0.0100	get 0.0050% / 4h	0m 24s	$6.3M	$5.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.053%Rate

Funding earned: $21
Price spread: −0.053% → 0.000%: −$5.32
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$6.32
Costs to cover: 0.220%
Break-even: 9.1 days

Slippage unknown: Deribit: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago	2.04 bp	19.5 bp −$19	36.6 bp −$366	120.2 bp −$12.0K	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 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
Aster ASTERUSDT	0.0000%	4h	0.7333	−0.056%	$51.7M	$112.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7338	+0.009%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7337	long leg	$11K	$56K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7339	+0.023%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7340	+0.046%	$255K	$1.3M	50x	as long as short
Extended ASTER-USD	+0.0032%	1h	0.7335	−0.021%	$367K	$654K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.724%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7335	−0.026%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0081%	4h	0.7335	−0.026%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7339	+0.033%	$888K	$921K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7339	+0.023%	$346K	$293K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7339	+0.023%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7334	−0.041%	$92.6M	$130.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7334	−0.040%	$49.6M	$26.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7336	−0.012%	$12.4M	$22.4M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7333	−0.053%	$6.3M	$5.9M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7336	−0.012%	$35.0M	$21.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7339	+0.022%	$11.2M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7338	+0.015%	$18.0M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7334	−0.040%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7342	+0.071%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7335	−0.026%	$2.1M	$398K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7331	−0.080%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	+0.001%	$112K	$748K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7347	+0.138%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7336	−0.012%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7332	−0.067%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7333	−0.047%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0213%	1h	0.7343	+0.089%	$25.2M	$8.1M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7335	−0.025%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7341	+0.056%	$3.6M	$2.1M	75x	as long as short
Kraken Futures PF_ASTERUSD	+0.0762%	1h	0.7340	+0.041%	$337K	$641K	20x	as long as short