Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h +0.036%

Price spread now: Orderly against Deribit+0.027%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Orderly is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7274	−0.0203	get 0.0025% / 1h	2m 47s	$11K	$72K	25x
Short	Orderly PERP_ASTER_USDC	0.7276	0.0060	get 0.0030% / 4h	3h 02m	$13K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.027%Rate

Funding earned: $55.35
Price spread: +0.027% → 0.000%: $2.75
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: $45.1
Costs to cover: 0.130%
Break-even: 1.3 days

Slippage unknown: Deribit: no order-book sample; Orderly: 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 Deribit no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Deribit and Orderly: 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
Deribit ASTER_USDC-PERPETUALlong	−0.0203%	1h	0.7274	long leg	$11K	$72K	25x
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7291	+0.239%	$271K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7262	−0.165%	$52.3M	$112.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7289	+0.203%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7281	+0.101%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7280	+0.082%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.595%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDCshort	+0.0060%	4h	0.7276	+0.027%	$13K	$1K	10x
Lighter ASTER	+0.0096%	1h	0.7267	−0.100%	$879K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7286	+0.165%	$363K	$274K	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	0.7272	−0.031%	$24.8M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7285	+0.146%	$254K	$82K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7263	−0.152%	$89.9M	$122.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7262	−0.165%	$48.9M	$25.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7266	−0.110%	$12.5M	$20.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7270	−0.055%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7270	−0.055%	$33.8M	$20.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7266	−0.109%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7261	−0.179%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7263	−0.151%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7275	+0.007%	$210K	$499K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7307	+0.457%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7297	+0.316%	$455K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7311	+0.509%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7284	+0.137%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7273	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7278	+0.055%	$242K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7269	−0.066%	$365K	$634K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7296	+0.300%	$213K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7275	+0.007%	$337K	$625K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7282	+0.108%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7277	+0.041%	$3.5M	$2.1M	75x	as long as short