Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.028%

Price spread now: edgeX against gTrade (Gains Network)−0.110%68s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. edgeX is 0.110% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ASTER/USD	0.7418	L +0.0006% / S −0.0007%	pay 0.0001% / 1h	14m 12s	$30K	—	150x
Short	edgeX ASTERUSDC	0.7409	0.0107	get 0.0053% / 4h	1h 14m	$214K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now −0.110%Rate

Funding earned: $21.13
Price spread: −0.110% → 0.000%: −$10.97
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$8.84
Costs to cover: 0.190%
Break-even: 9.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 5 min ago	2.02 bp	6.5 bp −$7	12.3 bp −$123	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.329%	$260K	$837K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7417	−0.008%	$56.7M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7417	−0.015%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USDlong	L +0.0006% / S −0.0007%	1h	0.7418	long leg	$30K	—	150x
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.372%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0062%	1h	0.7413	−0.062%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7421	+0.046%	$918K	$878K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7421	+0.053%	$372K	$272K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7421	+0.041%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7416	−0.024%	$90.8M	$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	0.7417	−0.008%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7417	−0.008%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7418	+0.006%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7416	−0.021%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7417	−0.004%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7421	+0.046%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7418	+0.006%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7417	−0.005%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7412	−0.081%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7411	−0.089%	$462K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7416	−0.021%	$66K	$718K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7419	+0.019%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7425	+0.100%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7416	−0.021%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7419	+0.019%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7415	−0.035%	$376K	$635K	25x	as long as short
edgeX ASTERUSDCshort	+0.0107%	4h	0.7409	−0.110%	$214K	$1.9M	10x
01 Exchange ASTERUSD	+0.0136%	1h	0.7421	+0.046%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0145%	1h	0.7425	+0.104%	$25.8M	$6.8M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7421	+0.052%	$336K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7415	−0.029%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7412	−0.075%	$3.4M	$1.9M	75x	as long as short