Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.025%

Price spread now: edgeX against Injective−1.471%107s7-day average −0.002% · you buy dearer than you sell

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

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+2.184%+$218 · spread now −1.471%, 7d avg −0.002%

Together, before fees+2.304%+ Points / potential airdropedgeX: Active · farm board+$230 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 1.469% cheaper against Injective than usual: you would sell low and buy high (spread −1.471% now, against its 7-day average of −0.002%). If the spread goes back, that is −$147 on $10k: about 2 months of funding at the current rate (+$2 a day). The two prices were read 107 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	Injective ASTER/USDC PERP	0.7390	0.0033	pay 0.0004% / 1h	1m 36s	$9	$133K	5.5x
Short	edgeX ASTERUSDC	0.7281	0.0106	get 0.0053% / 4h	3h 01m	$212K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −1.471%Rate

Funding earned: $15.3
Price spread: −1.471% → −0.002%: −$146.86
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$140.58
Costs to cover: 0.090%
Break-even: 71.3 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago	0.69 bp	7.9 bp −$8	13.8 bp −$138	doesn't fit	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
Deribit ASTER_USDC-PERPETUAL	−0.0218%	1h	0.7261	−1.744%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7266	−1.673%	$270K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7273	−1.583%	$52.4M	$112.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7267	−1.671%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7266	−1.679%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0016%	1h	0.7275	−1.556%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Orderly PERP_ASTER_USDC	+0.0060%	4h	0.7261	−1.746%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7269	−1.632%	$879K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7274	−1.565%	$362K	$274K	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	0.7273	−1.581%	$24.8M	$8.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7269	−1.632%	$253K	$82K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7274	−1.575%	$90.1M	$122.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7271	−1.610%	$49.0M	$25.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7274	−1.570%	$12.5M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7264	−1.705%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7271	−1.610%	$33.8M	$20.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7269	−1.639%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7267	−1.664%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7274	−1.570%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7265	−1.687%	$210K	$499K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7307	−1.120%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7297	−1.258%	$455K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7279	−1.502%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7273	−1.583%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7263	−1.719%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7269	−1.637%	$242K	$143K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7274	−1.575%	$365K	$634K	25x	as long as short
edgeX ASTERUSDCshort	+0.0106%	4h	0.7281	−1.471%	$212K	$2.2M	10x
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7268	−1.656%	$336K	$625K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7263	−1.717%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7277	−1.529%	$3.5M	$2.1M	75x	as long as short