Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h +0.076%

Price spread now: Binance against Kraken Futures+0.038%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs+$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.507% of the position

Long on Kraken Futures Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.625%+$62 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.038%, 7d avg −0.007%

Together, before fees+0.598%+$60 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.045% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.007%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.625%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ASTERUSD	0.7380	0.0227	pay 0.0028% / 1h	4m 17s	$340K	$490K	20x
Short	Binance ASTERUSDT	0.7383	0.0100	get 0.0050% / 4h	2h 04m	$90.5M	$110.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. 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 Kraken FuturesbpFee BinancebpOrdersPrice spread, now +0.038%Rate

Funding earned: −$26.73
Price spread: +0.038% → −0.007%: $4.49
Slippage, 4 orders: −$30.74
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$72.98
Costs to cover: 0.507%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 64 min ago; Binance: live order book, 9 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 Kraken Futures live order book, 64 min ago	7.36 bp	14.6 bp −$15	33.7 bp −$337	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.68 bp	9.3 bp −$9	17.7 bp −$177	58.3 bp −$5,827	250.3 bp −$125.1K

ASTER on 31 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	−0.0080%	1h	0.7342	−0.508%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7382	+0.035%	$55.2M	$101.2M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7379	−0.006%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7381	+0.020%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.140%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7384	+0.059%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0084%	1h	0.7372	−0.107%	$15K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7380	+0.004%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7382	+0.030%	$896K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7381	+0.020%	$368K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7387	+0.097%	$25.6M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7378	−0.021%	$257K	$74K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7383	+0.038%	$90.5M	$110.1M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7381	+0.018%	$49.4M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7383	+0.045%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7380	+0.004%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7381	+0.018%	$33.7M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	+0.044%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7380	+0.004%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	+0.004%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7366	−0.181%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7360	−0.271%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	−0.477%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7355	−0.334%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7386	+0.086%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7377	−0.036%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7378	−0.023%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7375	−0.068%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7353	−0.367%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSDlong	+0.0227%	1h	0.7380	long leg	$340K	$490K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7380	+0.006%	$28K	—	100x	as long as short