Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.007%

Price spread now: Aster against Injective+0.867%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.867% dearer against Injective than usual: you sell high and buy low (spread +0.867% now, against zero (this spread has no 7-day history yet)): +$87 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0045	pay 0.0006% / 1h	55m 15s	$9	$133K	5.5x
Short	Aster ASTERUSDT	0.7454	0	get 0.0000% / 4h	55m 15s	$56.9M	$99.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now +0.867%Rate

Funding earned: −$9.45
Price spread: +0.867% → 0.000%: $86.66
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: $69.19
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Aster: live order book, 4 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	0.67 bp	5.6 bp −$6	10.5 bp −$105	100.6 bp −$10.1K	doesn't fit

Injective: 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	0.7447	+0.771%	$260K	$846K	50x	as long as short
Aster ASTERUSDTshort	0.0000%	4h	0.7454	+0.867%	$56.9M	$99.9M	200x
dYdX ASTER-USD	0.0000%	1h	0.7451	+0.826%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7460	+0.945%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7458	+0.923%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	+0.992%	$337K	$489K	20x	as long as short
Injective ASTER/USDC PERPlong	+0.0045%	1h	0.7390	long leg	$9	$133K	5.5x
Lighter ASTER	+0.0096%	1h	0.7463	+0.995%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7455	+0.880%	$373K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7455	+0.881%	$255K	$107K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7459	+0.936%	$91.3M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7459	+0.934%	$49.9M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7460	+0.947%	$12.0M	$18.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7456	+0.893%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7458	+0.920%	$34.5M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7453	+0.851%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7460	+0.947%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7458	+0.920%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7451	+0.832%	$268K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7440	+0.683%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	+0.717%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7438	+0.650%	$66K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7461	+0.961%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7466	+1.028%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7459	+0.934%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7456	+0.893%	$244K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7442	+0.697%	$215K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7457	+0.906%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7461	+0.961%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0300%	1h	0.7465	+1.016%	$25.9M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7460	+0.942%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7449	+0.798%	$3.5M	$1.9M	75x	as long as short