Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: SunX against Extended+0.140%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$234as in the Funding arb table

Net, price: spread back to 7d avg − costs−$243as in the Price arb table

costs, in and out, $10k−$2452.453% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.140%, 7d avg +0.115%

Together, before fees+0.060%+ Points / potential airdropExtended: Active · farm board+$6 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: SunX is 0.025% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7285	0.0104	pay 0.0013% / 1h	49m 28s	$364K	$636K	25x
Short	SunX ASTER-USDT	0.7295	0.0100	get 0.0050% / 4h	3h 49m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.140%Rate

Funding earned: −$0.84
Price spread: +0.140% → +0.115%: $2.49
Slippage, 4 orders: −$232.29
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$243.63
Costs to cover: 2.453%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; SunX: 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, 3 min ago	3.02 bp	5.5 bp −$6	9.7 bp −$97	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	30.11 bp	125.8 bp −$126	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
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7298	+0.185%	$254K	$1.1M	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0052%	1h	0.7290	+0.070%	$11K	$72K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7289	+0.052%	$52.8M	$111.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7296	+0.148%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7283	−0.021%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.444%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0048%	1h	0.7284	−0.011%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0066%	4h	0.7281	−0.052%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7291	+0.082%	$882K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7289	+0.053%	$356K	$272K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7292	+0.100%	$24.9M	$7.9M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7290	+0.071%	$254K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7281	−0.057%	$89.5M	$121.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7278	−0.093%	$48.9M	$25.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7284	−0.011%	$12.4M	$20.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7287	+0.030%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7285	+0.003%	$34.0M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7283	−0.030%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7284	−0.011%	$17.8M	$7.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7280	−0.066%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7298	+0.174%	$211K	$496K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7295	+0.143%	$2.1M	$411K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7293	+0.109%	$459K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7298	+0.181%	$99K	$731K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7295	+0.140%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7290	+0.071%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7295	+0.140%	$243K	$142K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7285	long leg	$364K	$636K	25x
edgeX ASTERUSDC	+0.0111%	4h	0.7289	+0.064%	$212K	$2.2M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7293	+0.115%	$341K	$608K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7282	−0.044%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7286	+0.017%	$3.4M	$2.1M	75x	as long as short