Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.001%

Price spread now: Extended against edgeX−0.222%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 4 days (all we have)+0.644%+$64 · spread now −0.222%, 7d avg +0.043%

Together, before fees+0.565%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$57 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.265% cheaper against edgeX than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7401	0.0103	pay 0.0051% / 4h	1h 31m	$213K	$1.9M	10x
Short	Extended ASTER-USD	0.7385	0.0104	get 0.0013% / 1h	31m 29s	$376K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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 edgeXbpFee ExtendedbpOrdersPrice spread, now −0.222%Rate

Funding earned: $0.29
Price spread: −0.222% → +0.043%: −$26.5
Slippage, 4 orders: −$9.32
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$49.53
Costs to cover: 0.233%
Break-even: 1203.5 days

Slippage from edgeX: live order book, 2 min ago; Extended: live order book, 51 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 edgeX live order book, 2 min ago	2.03 bp	6.5 bp −$7	12.7 bp −$127	doesn't fit	doesn't fit
Sell Extended live order book, 51 min ago	2.62 bp	5.1 bp −$5	8.5 bp −$85	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	0.7393	−0.108%	$260K	$842K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7388	−0.183%	$56.5M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7394	−0.102%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7387	−0.186%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.119%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0092%	1h	0.7394	−0.097%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7392	−0.119%	$911K	$859K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7386	−0.198%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7391	−0.143%	$253K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7385	−0.219%	$90.5M	$106.8M	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	0.7384	−0.232%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7387	−0.192%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7389	−0.165%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7388	−0.178%	$34.1M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7385	−0.221%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7384	−0.232%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7385	−0.219%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7392	−0.127%	$262K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	−0.061%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7396	−0.067%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	+0.052%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7392	−0.124%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7402	+0.011%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7393	−0.111%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7395	−0.084%	$242K	$119K	20x	as long as short
edgeX ASTERUSDClong	+0.0103%	4h	0.7401	long leg	$213K	$1.9M	10x
Extended ASTER-USDshort	+0.0104%	1h	0.7385	−0.222%	$376K	$635K	25x
01 Exchange ASTERUSD	+0.0136%	1h	0.7390	−0.151%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7397	−0.061%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0159%	1h	0.7394	−0.095%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7385	−0.219%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7395	−0.084%	$3.4M	$1.9M	75x	as long as short