Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%

Price spread now: Extended against KuCoin−0.084%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$590.585% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.084%, 7d avg −0.002%

Together, before fees+0.285%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.082% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7240	0.0100	pay 0.0050% / 4h	1h 55m	$11.0M	$3.1M	75x
Short	Extended ASTER-USD	0.7234	0.0104	get 0.0013% / 1h	55m 06s	$363K	$598K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0.84
Price spread: −0.084% → −0.002%: −$8.16
Slippage, 4 orders: −$41.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$65.84
Costs to cover: 0.585%
Break-even: 555.7 days

Slippage from KuCoin: live order book, 1 min ago; Extended: live order book, 55 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 KuCoin live order book, 1 min ago	7.32 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 55 min ago	2.84 bp	5.3 bp −$5	7.6 bp −$76	doesn't fit	doesn't fit

ASTER on 32 exchanges

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
Aster ASTERUSDT	0.0000%	4h	0.7238	−0.030%	$50.1M	$104.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	0.000%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7235	−0.068%	$11K	$41K	25x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7239	−0.022%	$245K	$1.1M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7245	+0.067%	$28K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.069%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7238	−0.030%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7241	+0.011%	$872K	$432K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7238	−0.030%	$6K	$7K	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7237	−0.051%	$346K	$227K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7242	+0.022%	$24.9M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7237	−0.047%	$254K	$93K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7238	−0.030%	$91.4M	$121.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7236	−0.058%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7239	−0.017%	$12.5M	$20.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7242	+0.025%	$6.5M	$4.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7243	+0.039%	$33.7M	$21.4M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7240	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7240	−0.003%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7237	−0.044%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7242	+0.022%	$208K	$453K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	−0.049%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	+0.039%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7250	+0.135%	$95K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7248	+0.108%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7239	−0.017%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7238	−0.030%	$242K	$153K	20x	as long as short
Extended ASTER-USDshort	+0.0104%	1h	0.7234	−0.084%	$363K	$598K	25x
edgeX ASTERUSDC	+0.0106%	4h	0.7242	+0.023%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0250%	1h	0.7245	+0.070%	$334K	$589K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7240	0.000%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7241	+0.011%	$3.6M	$1.8M	75x	as long as short