Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.045%

Price spread now: Deribit against SunX−0.210%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.330%−$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.210% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTER-USDT	0.7327	0.0100	pay 0.0050% / 4h	2h 16m	$3K	$1.7M	20x
Short	Deribit ASTER_USDC-PERPETUAL	0.7312	0	get 0.0000% / 1h	16m 16s	$11K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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 SunXbpFee DeribitbpOrdersPrice spread, now −0.210%Rate

Funding earned: −$21
Price spread: −0.210% → 0.000%: −$21.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$57.02
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; Deribit: 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 SunX live order book, 9 min ago	30.34 bp	108.5 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0048%	1h	0.7311	−0.216%	$276K	$1.2M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7314	−0.175%	$52.5M	$114.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7311	−0.223%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7316	−0.150%	$6K	$7K	10x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7312	−0.210%	$11K	$72K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7310	−0.229%	$24K	—	150x	as long as short
Extended ASTER-USD	+0.0032%	1h	0.7312	−0.204%	$364K	$643K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.860%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0053%	4h	0.7316	−0.150%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7316	−0.150%	$886K	$927K	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	0.7314	−0.180%	$342K	$286K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7321	−0.076%	$25.0M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7315	−0.164%	$257K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7314	−0.171%	$91.5M	$126.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7312	−0.205%	$49.2M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7311	−0.218%	$12.5M	$21.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7311	−0.218%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7318	−0.123%	$34.3M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7313	−0.188%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7312	−0.205%	$17.8M	$8.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7311	−0.218%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7317	−0.131%	$209K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−1.007%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7318	−0.124%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7318	−0.123%	$99K	$736K	50x	as long as short
SunX ASTER-USDTlong	+0.0100%	4h	0.7327	long leg	$3K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7312	−0.205%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7313	−0.191%	$243K	$170K	20x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7257	−0.954%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0295%	1h	0.7316	−0.154%	$337K	$640K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7311	−0.221%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7321	−0.082%	$3.5M	$2.0M	75x	as long as short