Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: OKX against Extended+0.025%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.325% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.025%, 7d avg −0.001%

Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 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: OKX is 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7240	0.0104	pay 0.0013% / 1h	41m 47s	$363K	$638K	25x
Short	OKX ASTER-USDT-SWAP	0.7242	0.0100	get 0.0050% / 4h	41m 47s	$12.1M	$19.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$0.84
Price spread: +0.025% → −0.001%: $2.58
Slippage, 4 orders: −$17.47
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.74
Costs to cover: 0.325%
Break-even: never at this rate

Slippage from Extended: live order book, 16 min ago; OKX: live order book, 2 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, 16 min ago	2.59 bp	5.1 bp −$5	8.2 bp −$82	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.69 bp	10.8 bp −$11	19.4 bp −$194	176.9 bp −$17.7K	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	−0.0371%	1h	0.7242	+0.025%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7238	−0.027%	$259K	$963K	50x	as long as short
Aster ASTERUSDT	−0.0018%	4h	0.7237	−0.044%	$53.7M	$108.1M	200x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7243	+0.038%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	−0.008%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7245	+0.068%	$30K	—	150x	as long as short
SoDEX ASTER-USD	+0.0011%	1h	0.7237	−0.044%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.069%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0071%	4h	0.7245	+0.066%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7241	+0.015%	$876K	$919K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7252	+0.163%	$357K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7248	+0.102%	$25.1M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7241	+0.016%	$251K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7236	−0.052%	$88.9M	$116.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7239	−0.017%	$48.3M	$24.4M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7242	+0.025%	$12.1M	$19.3M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7243	+0.038%	$6.4M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7237	−0.044%	$32.8M	$18.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7239	−0.015%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7237	−0.044%	$17.7M	$7.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7238	−0.031%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7240	0.000%	$215K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7228	−0.173%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7260	+0.273%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7262	+0.301%	$84K	$724K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7248	+0.107%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7243	+0.038%	$241K	$134K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7240	long leg	$363K	$638K	25x
edgeX ASTERUSDC	+0.0119%	4h	0.7228	−0.165%	$209K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7244	+0.056%	$341K	$562K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7243	+0.036%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7256	+0.218%	$3.5M	$2.1M	75x	as long as short