Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: Aster against Extended−0.021%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$220.215% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.021%, 7d avg +0.015%

Together, before fees+0.111%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.035% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7450	0.0104	pay 0.0013% / 1h	56m 02s	$378K	$635K	25x
Short	Aster ASTERUSDT	0.7449	0	get 0.0000% / 4h	56m 02s	$56.9M	$99.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$21.84
Price spread: −0.021% → +0.015%: −$3.52
Slippage, 4 orders: −$8.54
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$46.91
Costs to cover: 0.215%
Break-even: never at this rate

Slippage from Extended: live order book, 22 min ago; Aster: 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 Extended live order book, 22 min ago	2.23 bp	5.8 bp −$6	8.6 bp −$86	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	0.67 bp	5.6 bp −$6	10.5 bp −$105	100.6 bp −$10.1K	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	0.7447	−0.045%	$260K	$846K	50x	as long as short
Aster ASTERUSDTshort	0.0000%	4h	0.7449	−0.021%	$56.9M	$99.9M	200x
dYdX ASTER-USD	0.0000%	1h	0.7444	−0.087%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7449	−0.015%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7448	−0.035%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7454	+0.046%	$337K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.810%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7454	+0.045%	$923K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7445	−0.072%	$373K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7443	−0.102%	$255K	$107K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7452	+0.022%	$91.3M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7452	+0.022%	$49.9M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7453	+0.036%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7450	−0.004%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7450	−0.004%	$34.5M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7450	−0.010%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7451	+0.009%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7452	+0.022%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7451	+0.016%	$268K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7427	−0.307%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7429	−0.286%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7437	−0.179%	$66K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7450	−0.004%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7451	+0.009%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7451	+0.009%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7446	−0.058%	$244K	$119K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7450	long leg	$378K	$635K	25x
edgeX ASTERUSDC	+0.0114%	4h	0.7434	−0.222%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7448	−0.031%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0293%	1h	0.7460	+0.128%	$25.9M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7450	−0.011%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7437	−0.179%	$3.5M	$1.9M	75x	as long as short