Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.017%

Price spread now: Orderly against Extended+0.079%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.079% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7382	0.0104	pay 0.0013% / 1h	30m 34s	$376K	$635K	25x
Short	Orderly PERP_ASTER_USDC	0.7388	0.0100	get 0.0050% / 4h	1h 30m	$14K	$845	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.079%Rate

Funding earned: −$0.84
Price spread: +0.079% → 0.000%: $7.87
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$3.97
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 52 min ago; Orderly: no order-book sample. Net counts fees only.

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, 52 min ago	2.62 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.7393	+0.149%	$260K	$842K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7381	−0.016%	$56.4M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7382	+0.004%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7387	+0.070%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.377%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0089%	1h	0.7385	+0.036%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7385	+0.043%	$911K	$861K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7382	+0.001%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7382	+0.001%	$253K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7381	−0.016%	$90.4M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7380	−0.030%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7383	+0.011%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7383	+0.011%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	−0.030%	$34.1M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7380	−0.034%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7381	−0.016%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	−0.030%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7383	+0.016%	$262K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	+0.196%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7396	+0.190%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	+0.309%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDCshort	+0.0100%	4h	0.7388	+0.079%	$14K	$845	10x
SunX ASTER-USDT	+0.0100%	4h	0.7393	+0.146%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7383	+0.011%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7388	+0.079%	$242K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7401	+0.257%	$213K	$1.9M	10x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7382	long leg	$376K	$635K	25x
01 Exchange ASTERUSD	+0.0136%	1h	0.7385	+0.038%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7386	+0.049%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0159%	1h	0.7389	+0.096%	$25.6M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7385	+0.038%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7389	+0.092%	$3.4M	$1.9M	75x	as long as short