Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0307%/8h= +33.6% APRpaid last 24h +0.094%

Price spread now: BloFin against Injective−0.690%7-day average +0.116% · you buy dearer than you sell

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

Long on Injective Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.545%+$55 on $10k

Price spread, last 4 days (all we have)+0.956%+$96 · spread now −0.690%, 7d avg +0.116%

Together, before fees+1.501%+$150 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.806% cheaper against Injective than usual: you would sell low and buy high (spread −0.690% now, against its 7-day average of +0.116%). If the spread goes back, that is −$81 on $10k: about 8.8 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0033	pay 0.0004% / 1h	32m 36s	$9	$133K	5.5x
Short	BloFin ASTER-USDT	0.7339	0.0340	get 0.0170% / 4h	1h 32m	$3.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now −0.690%Rate

Funding earned: $64.4
Price spread: −0.690% → +0.116%: −$80.62
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.24
Costs to cover: 0.120%
Break-even: 10.1 days

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 11 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 BloFin live order book, 11 min ago	1.36 bp	10.4 bp −$10	14.7 bp −$147	41.9 bp −$4,188	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	−0.0088%	1h	0.7336	−0.728%	$271K	$877K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7344	−0.623%	$54.7M	$101.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7344	−0.629%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7346	−0.595%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7342	−0.643%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7342	−0.643%	$24K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0088%	4h	0.7346	−0.595%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7348	−0.570%	$891K	$901K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7343	−0.637%	$368K	$252K	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	0.7353	−0.494%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	−0.570%	$256K	$72K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7342	−0.650%	$90.2M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7345	−0.609%	$49.0M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7349	−0.555%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7347	−0.582%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7343	−0.636%	$33.7M	$17.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7346	−0.597%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7344	−0.622%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7345	−0.609%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	−0.582%	$215K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7333	−0.770%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7336	−0.731%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	−0.717%	$65K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7348	−0.568%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7341	−0.663%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	−0.758%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7343	−0.637%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7333	−0.778%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7346	−0.589%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7342	−0.646%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7339	−0.690%	$3.5M	$1.9M	75x