Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against HTX−0.164%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1241.240% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.164%, 7d avg +0.005%

Together, before fees+0.116%+$12 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: Binance is 0.170% cheaper against HTX than usual: you would sell low and buy high, −$17 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	HTX ASTER-USDT	0.7312	0.0100	pay 0.0050% / 4h	49m 45s	$242K	$117K	20x
Short	Binance ASTERUSDT	0.7300	0.0100	get 0.0050% / 4h	49m 45s	$89.9M	$111.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.164%Rate

Funding earned: $0
Price spread: −0.164% → +0.005%: −$16.95
Slippage, 4 orders: −$101.99
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$140.94
Costs to cover: 1.240%
Break-even: never at this rate

Slippage from HTX: live order book, 7 min ago; Binance: live order book, 8 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 HTX live order book, 7 min ago	6.12 bp	93.8 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.68 bp	7.9 bp −$8	13.8 bp −$138	53.7 bp −$5,375	253.4 bp −$126.7K

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	−0.0072%	1h	0.7328	+0.213%	$277K	$884K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7297	−0.210%	$54.2M	$102.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7306	−0.086%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7305	−0.103%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7305	−0.092%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.067%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0078%	4h	0.7303	−0.123%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7307	−0.075%	$890K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7306	−0.076%	$366K	$249K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7303	−0.123%	$254K	$73K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDTshort	+0.0100%	4h	0.7300	−0.164%	$89.9M	$111.8M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7303	−0.123%	$48.5M	$23.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7303	−0.123%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7296	−0.219%	$6.3M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7302	−0.137%	$33.3M	$18.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7303	−0.127%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7302	−0.137%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7301	−0.150%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7307	−0.070%	$214K	$485K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7305	−0.100%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7337	+0.342%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7340	+0.383%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7313	+0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7304	−0.109%	$13K	$8K	5x	as long as short
HTX ASTER-USDTlong	+0.0100%	4h	0.7312	long leg	$242K	$117K	20x
Extended ASTER-USD	+0.0104%	1h	0.7293	−0.258%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7336	+0.334%	$213K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7307	−0.068%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0171%	1h	0.7309	−0.042%	$25.3M	$6.5M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0282%	1h	0.7308	−0.050%	$336K	$492K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7304	−0.116%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7313	+0.014%	$3.5M	$1.8M	75x	as long as short