Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.001%

Price spread now: Binance against Extended−0.027%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.027%, 7d avg +0.003%

Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.030% cheaper against Extended than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 31 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.047% in total) that is about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7334	0.0024	pay 0.0003% / 1h	58m 36s	$367K	$654K	25x
Short	Binance ASTERUSDT	0.7332	0.0100	get 0.0050% / 4h	3h 58m	$92.6M	$130.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.027%Rate

Funding earned: $15.96
Price spread: −0.027% → +0.003%: −$2.95
Slippage, 4 orders: −$13.14
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.13
Costs to cover: 0.281%
Break-even: 13.6 days

Slippage from Extended: live order book, 39 min ago; Binance: live order book, 14 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, 39 min ago	3.01 bp	5.5 bp −$6	8.8 bp −$88	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.68 bp	9.0 bp −$9	17.7 bp −$177	66.4 bp −$6,635	256.8 bp −$128.4K

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	−1.3266%	1h	0.7236	−1.337%	$11K	$56K	25x	as long as short
Bybit ASTERUSDT	−0.0591%	4h	0.7331	−0.043%	$49.6M	$26.2M	75x	as long as short
SoDEX ASTER-USD	−0.0221%	1h	0.7325	−0.125%	$13K	$8K	5x	as long as short
01 Exchange ASTERUSD	−0.0080%	1h	0.7334	−0.002%	$6K	$7K	10x	as long as short
Gate ASTER_USDT	−0.0034%	4h	0.7330	−0.057%	$6.3M	$5.7M	75x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7331	−0.045%	$51.7M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7334	−0.004%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7331	−0.048%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7334	−0.006%	$255K	$1.3M	50x	as long as short
Extended ASTER-USDlong	+0.0024%	1h	0.7334	long leg	$367K	$654K	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.761%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0081%	4h	0.7333	−0.016%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7327	−0.097%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7336	+0.018%	$887K	$913K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7336	+0.026%	$346K	$293K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7340	+0.084%	$25.2M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7333	−0.012%	$258K	$113K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7332	−0.027%	$92.6M	$130.9M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7329	−0.070%	$12.4M	$22.4M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7333	−0.016%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7331	−0.047%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7333	−0.016%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7333	−0.016%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7331	−0.038%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7335	+0.011%	$2.1M	$398K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7334	+0.002%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	+0.039%	$112K	$748K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7337	+0.039%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7340	+0.080%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7333	−0.010%	$213K	$2.2M	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7331	−0.045%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7327	−0.098%	$3.6M	$2.1M	75x	as long as short