Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%

Price spread now: HTX against Injective−1.962%7-day average +0.031% · you buy dearer than you sell

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

Long on Injective Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 4 days (all we have)+2.308%+$231 · spread now −1.962%, 7d avg +0.031%

Together, before fees+2.467%+$247 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 1.993% cheaper against Injective than usual: you would sell low and buy high (spread −1.962% now, against its 7-day average of +0.031%). If the spread goes back, that is −$199 on $10k: about 3 months of funding at the current rate (+$2 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	54m 55s	$9	$133K	5.5x
Short	HTX ASTER-USDT	0.7245	0.0100	get 0.0050% / 4h	2h 54m	$242K	$164K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −1.962%Rate

Funding earned: $14
Price spread: −1.962% → +0.031%: −$199.27
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee HTX: 6 bp × 2 orders: −$12
Net: −$197.29
Costs to cover: 0.120%
Break-even: 105.6 days

Slippage unknown: Injective: no order-book sample; HTX: live order book, 37 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 HTX live order book, 37 min ago	4.81 bp	23.6 bp −$24	doesn't fit	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	−0.0053%	1h	0.7247	−1.938%	$11K	$55K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7231	−2.152%	$50.5M	$110.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7254	−1.834%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7313	−1.046%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0008%	1h	0.7246	−1.945%	$251K	$1.3M	50x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
Kraken Futures PF_ASTERUSD	+0.0056%	1h	0.7249	−1.911%	$334K	$599K	20x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7249	−1.908%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0082%	4h	0.7249	−1.908%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7252	−1.873%	$880K	$427K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7250	−1.890%	$343K	$259K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7257	−1.798%	$255K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7232	−2.135%	$91.4M	$127.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7232	−2.138%	$49.1M	$26.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7231	−2.152%	$12.3M	$21.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7243	−1.989%	$6.3M	$4.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7230	−2.165%	$34.0M	$21.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7241	−2.016%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7228	−2.192%	$17.7M	$8.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7231	−2.152%	—	$10.0M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7242	−1.999%	$210K	$463K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7273	−1.582%	$2.1M	$432K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7287	−1.396%	$451K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7295	−1.286%	$111K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7260	−1.759%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7246	−1.949%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7245	−1.962%	$242K	$164K	20x
Extended ASTER-USD	+0.0104%	1h	0.7232	−2.141%	$364K	$652K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7287	−1.400%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0120%	1h	0.7245	−1.959%	$24.9M	$7.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7246	−1.947%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7250	−1.894%	$3.6M	$2.0M	75x	as long as short