Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%

Price spread now: Injective against OKX−1.005%78s7-day average −0.076% · you buy dearer than you sell

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

Long on OKX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.090%−$9 on $10k

Price spread, last 3 days (all we have)−0.532%−$53 · spread now −1.005%, 7d avg −0.076%

Together, before fees−0.623%−$62 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.929% cheaper against OKX than usual: you would sell low and buy high (−$93 if the spread goes back to its 7-day average of −0.076%). Swap the legs. The two prices were read 78 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	OKX ASTER-USDT-SWAP	0.7465	0.0100	pay 0.0050% / 4h	3h 07m	$12.2M	$18.2M	50x
Short	Injective ASTER/USDC PERP	0.7390	0.0033	get 0.0004% / 1h	7m 57s	$9	$133K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against OKX. 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 OKXbpFee InjectivebpOrdersPrice spread, now −1.005%Rate

Funding earned: −$14
Price spread: −1.005% → −0.076%: −$92.87
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$116.89
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, just now; Injective: no order-book sample. 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 OKX live order book, just now	0.67 bp	11.9 bp −$12	20.0 bp −$200	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7456	−0.119%	$265K	$852K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7466	+0.017%	$56.5M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7470	+0.064%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7468	+0.043%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0009%	1h	0.7468	+0.046%	$33K	—	150x	as long as short
Injective ASTER/USDC PERPshort	+0.0033%	1h	0.7390	−1.005%	$9	$133K	5.5x
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7474	+0.122%	$343K	$496K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7470	+0.067%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7474	+0.119%	$921K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7466	+0.013%	$8K	$4K	10x	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	0.7471	+0.087%	$374K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7470	+0.070%	$256K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7469	+0.056%	$91.9M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7469	+0.054%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7465	long leg	$12.2M	$18.2M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7468	+0.040%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7469	+0.054%	$35.6M	$17.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7472	+0.095%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7469	+0.054%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7465	0.000%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7468	+0.035%	$217K	$450K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	−0.184%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7461	−0.060%	$463K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7453	−0.161%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7471	+0.080%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7470	+0.067%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7467	+0.027%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7463	−0.023%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7453	−0.163%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0221%	1h	0.7474	+0.127%	$26.0M	$6.4M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0306% / S −0.0215%	1h	0.7469	+0.047%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7473	+0.107%	$3.5M	$1.8M	75x	as long as short