Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h −0.072%

Price spread now: Kraken Futures against edgeX−0.037%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$430.435% of the position

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.637%−$64 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.037%, 7d avg +0.046%

Together, before fees−0.681%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.083% cheaper against edgeX than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.046%). If the spread goes back, that is −$8 on $10k: about 47 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.637%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7329	0.0103	pay 0.0052% / 4h	1h 09m	$211K	$2.0M	10x
Short	Kraken Futures PF_ASTERUSD	0.7326	0.0245	get 0.0031% / 1h	9m 18s	$337K	$491K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.037%Rate

Funding earned: $29.72
Price spread: −0.037% → +0.046%: −$8.35
Slippage, 4 orders: −$24.45
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$22.08
Costs to cover: 0.435%
Break-even: 12.2 days

Slippage from edgeX: live order book, 5 min ago; Kraken Futures: live order book, 54 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, 5 min ago	2.04 bp	6.5 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 54 min ago	4.74 bp	15.4 bp −$15	30.0 bp −$300	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
Deribit ASTER_USDC-PERPETUAL	−0.0119%	1h	0.7322	−0.094%	$11K	$71K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0088%	1h	0.7337	+0.103%	$270K	$879K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7329	−0.007%	$54.4M	$101.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7335	+0.074%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7326	−0.043%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7327	−0.029%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.831%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7328	−0.015%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7327	−0.033%	$893K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7328	−0.018%	$367K	$250K	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	0.7331	+0.023%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7327	−0.034%	$255K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7322	−0.097%	$90.0M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7326	−0.043%	$48.8M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7326	−0.043%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7325	−0.056%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7324	−0.070%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7326	−0.047%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7322	−0.097%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7324	−0.070%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7337	+0.103%	$217K	$483K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7329	−0.001%	$2.0M	$369K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7332	+0.035%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7338	+0.121%	$70K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7333	+0.053%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7323	−0.083%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7329	−0.002%	$243K	$117K	20x	as long as short
edgeX ASTERUSDClong	+0.0103%	4h	0.7329	long leg	$211K	$2.0M	10x
Extended ASTER-USD	+0.0104%	1h	0.7323	−0.079%	$367K	$638K	25x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0245%	1h	0.7326	−0.037%	$337K	$491K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7323	−0.077%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7328	−0.015%	$3.5M	$1.9M	75x	as long as short