Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0100%/8hpaid last 24h +0.047%

Price spread now: SunX against Deribit+0.087%7-day average +0.138% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2502.496% of the position

Long on Deribit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.349%+$35 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.087%, 7d avg +0.138%

Together, before fees+0.311%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.051% cheaper against Deribit than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.138%). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7373	0	get 0.0000% / 1h	6m 16s	$11K	$118K	25x
Short	SunX ASTER-USDT	0.7379	0.0100	get 0.0050% / 4h	6m 16s	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.087%Rate

Funding earned: $21
Price spread: +0.087% → +0.138%: −$5.13
Slippage, 4 orders: −$234.6
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$233.73
Costs to cover: 2.496%
Break-even: 84.9 days

Slippage from Deribit: live order book, 26 min ago; SunX: live order book, 3 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 Deribit live order book, 26 min ago	4.93 bp	8.4 bp −$8	15.0 bp −$150	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	29.73 bp	125.1 bp −$125	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-INTX	−0.0136%	1h	0.7365	−0.100%	$251K	$832K	50x	as long as short
Kraken Futures PF_ASTERUSD	−0.0116%	1h	0.7376	+0.052%	$286K	$417K	20x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7372	−0.008%	$57.2M	$99.1M	200x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7373	long leg	$11K	$118K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7373	+0.012%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7386	+0.182%	$9	$32K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7379	+0.080%	$891K	$806K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7375	+0.033%	$370K	$300K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7375	+0.038%	$251K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7372	−0.014%	$90.4M	$104.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7372	−0.008%	$48.9M	$21.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7372	−0.008%	$11.8M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7375	+0.033%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7372	−0.008%	$33.3M	$15.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7375	+0.033%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7372	−0.008%	$18.0M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7372	−0.008%	—	$9.4M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7383	+0.147%	$2.0M	$284K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7388	+0.203%	$459K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7393	+0.277%	$66K	$712K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7372	−0.008%	$14K	$845	10x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7379	+0.087%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7372	−0.008%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7375	+0.033%	$240K	$111K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7389	+0.228%	$213K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7374	+0.018%	$381K	$640K	25x	as long as short
Backpack ASTER_USDC_PERP	+0.0192%	1h	0.7387	+0.190%	$281K	$294K	10x	as long as short
dYdX ASTER-USD	+0.0194%	1h	0.7381	+0.110%	$13K	$61	5x	as long as short
01 Exchange ASTERUSD	+0.0232%	1h	0.7380	+0.100%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7373	+0.002%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7377	+0.060%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0365%	1h	0.7383	+0.146%	$25.9M	$6.9M	5x	as long as short