Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.005%

Price spread now: Bitget against Extended−0.013%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.013%, 7d avg −0.008%

Together, before fees−0.055%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7445	0.0104	pay 0.0013% / 1h	2m 53s	$374K	$641K	25x
Short	Bitget ASTERUSDT	0.7444	0.0100	get 0.0050% / 4h	2m 53s	$18.3M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$0.84
Price spread: −0.013% → −0.008%: −$0.53
Slippage, 4 orders: −$17.24
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$35.61
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Extended: live order book, 10 min ago; Bitget: live order book, 6 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, 10 min ago	3.29 bp	6.2 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	1.34 bp	11.1 bp −$11	25.1 bp −$251	56.5 bp −$5,649	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	0.7431	−0.181%	$264K	$864K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7446	+0.013%	$56.7M	$100.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7447	+0.026%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7450	+0.067%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7450	+0.063%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7453	+0.107%	$338K	$492K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.739%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7452	+0.093%	$923K	$885K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7457	+0.161%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7445	0.000%	$372K	$267K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7447	+0.032%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7445	0.000%	$91.3M	$107.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7447	+0.027%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7448	+0.040%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7447	+0.027%	$6.3M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7442	−0.040%	$35.3M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7446	+0.019%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7444	−0.013%	$18.3M	$6.4M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7446	+0.013%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7444	−0.009%	$216K	$401K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	−0.195%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7432	−0.180%	$460K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7432	−0.175%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7454	+0.121%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7448	+0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7448	+0.040%	$243K	$119K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7445	long leg	$374K	$641K	25x
edgeX ASTERUSDC	+0.0117%	4h	0.7437	−0.102%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7449	+0.054%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7448	+0.039%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0328%	1h	0.7455	+0.130%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7444	−0.013%	$3.5M	$1.9M	75x	as long as short