Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: HTX against Extended−0.029%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$960.960% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.029%, 7d avg −0.005%

Together, before fees+0.098%+ Points / potential airdropExtended: Active · farm board+$10 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: HTX is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7383	0.0104	pay 0.0013% / 1h	3m 46s	$376K	$635K	25x
Short	HTX ASTER-USDT	0.7381	0.0100	get 0.0050% / 4h	2h 03m	$241K	$119K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$0.84
Price spread: −0.029% → −0.005%: −$2.4
Slippage, 4 orders: −$78.96
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$99.2
Costs to cover: 0.960%
Break-even: never at this rate

Slippage from Extended: live order book, 19 min ago; HTX: live order book, 18 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, 19 min ago	2.62 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell HTX live order book, 18 min ago	8.73 bp	26.2 bp −$26	doesn't fit	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	−0.0238%	1h	0.7378	−0.072%	$11K	$87K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7372	−0.144%	$250K	$825K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	+0.364%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7381	−0.033%	$56.5M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7376	−0.091%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0007%	1h	0.7384	+0.015%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7385	+0.025%	$909K	$852K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0098%	4h	0.7379	−0.056%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7380	−0.035%	$369K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7384	+0.009%	$253K	$108K	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	0.7383	0.000%	$90.4M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7380	−0.042%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7382	−0.015%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7380	−0.042%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	−0.042%	$33.8M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7382	−0.014%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7384	+0.012%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7382	−0.015%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7383	−0.007%	$264K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7394	+0.150%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7409	+0.347%	$455K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7403	+0.269%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7384	+0.012%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7378	−0.069%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7381	−0.029%	$241K	$119K	20x
Extended ASTER-USDlong	+0.0104%	1h	0.7383	long leg	$376K	$635K	25x
edgeX ASTERUSDC	+0.0118%	4h	0.7408	+0.334%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7378	−0.069%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0263%	1h	0.7383	−0.004%	$284K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7375	−0.104%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7374	−0.124%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0457%	1h	0.7391	+0.101%	$25.8M	$6.7M	5x	as long as short