Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h +0.041%

Price spread now: HTX against Kraken Futures−0.015%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1741.742% of the position

Long on Kraken Futures Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.670%+$67 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.015%, 7d avg −0.014%

Together, before fees+0.673%+$67 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ASTERUSD	0.7324	0.0042	pay 0.0005% / 1h	29m 12s	$340K	$671K	20x
Short	HTX ASTER-USDT	0.7323	0.0100	get 0.0050% / 4h	1h 29m	$245K	$202K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $12.1
Price spread: −0.015% → −0.014%: −$0.08
Slippage, 4 orders: −$152.17
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$162.15
Costs to cover: 1.742%
Break-even: 100.8 days

Slippage from Kraken Futures: live order book, 14 min ago; HTX: live order book, 12 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, 14 min ago	7.47 bp	19.2 bp −$19	35.6 bp −$356	doesn't fit	doesn't fit
Sell HTX live order book, 12 min ago	10.18 bp	39.1 bp −$39	doesn't fit	doesn't fit	doesn't fit

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	−0.0024%	1h	0.7321	−0.043%	$253K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7319	−0.068%	$52.1M	$116.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7308	−0.226%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7321	−0.048%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7306	−0.251%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.900%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSDlong	+0.0042%	1h	0.7324	long leg	$340K	$671K	20x
Orderly PERP_ASTER_USDC	+0.0069%	4h	0.7319	−0.069%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7323	−0.012%	$887K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7322	−0.022%	$343K	$298K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7321	−0.046%	$258K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7319	−0.067%	$92.5M	$132.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7319	−0.069%	$49.3M	$26.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7319	−0.069%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7319	−0.069%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7319	−0.069%	$35.1M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7319	−0.065%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7319	−0.069%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7317	−0.097%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7307	−0.230%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7310	−0.192%	$451K	$4.3M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7315	−0.124%	$99K	$738K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7331	+0.094%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7318	−0.083%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7323	−0.015%	$245K	$202K	20x
Extended ASTER-USD	+0.0104%	1h	0.7315	−0.127%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7308	−0.226%	$213K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7326	+0.026%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0220%	1h	0.7323	−0.013%	$209K	$499K	10x	as long as short
Hyperliquid ASTER	+0.0273%	1h	0.7326	+0.019%	$25.0M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7305	−0.262%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7319	−0.069%	$3.6M	$2.1M	75x	as long as short