ASTER Funding Rate — live across 15 venues

Compared across 15 supported venues · net of estimated fees · updated every few minutes

Live annualized ASTER perpetual funding across all 15 venues Perpia tracks. Right now ASTER funding is positive on 13 and negative on 1, ranging from +10.9% on Nado to -9.2% on Variational — a spread of 20.1%. The widest delta-neutral trade is long Variational / short Nado at 18.1% net APR.

venues

paying positive

20.1%

funding spread

Best ASTER spread now

18.1%

net APR after fees

Long Variational→Short Nado

size depends on live venue depth — see the real cap in the scanner

ASTER funding trend & liquidity

169h of history

20.1%

current gross APR

5.6%

24h average

8.6%

7-day average

$414K

pair OI · lower leg

$125K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

ASTER funding rate history

30d · 6h buckets · 12 venues

113%0-25.0%

3 Aug2 Sep

ASTER — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +12.0%. A break in a line means no data was recorded for that stretch, not a zero rate.

ASTER funding rate by venue

63 pairs scanned

Venue	Funding APR	Interval
Nado ↗	+10.9%	24h
MEXC ↗	+10.9%	4h
Binance ↗	+10.9%	4h
BackPack ↗	+10.9%	1h
Bitget ↗	+10.9%	4h
Pacifica ↗	+10.9%	1h
Hyperliquid ↗	+10.9%	1h
BingX ↗	+10.9%	4h
Extended ↗	+10.5%	1h
OKX ↗	+6.3%	4h
KuCoin ↗	+3.9%	4h
Gate.io ↗	+2.8%	4h
Bybit ↗	+1.6%	4h
Aster ↗	+0.0%	4h
Variational ↗	-9.2%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Nado page.

ASTER arbitrage — 30-day backtest

long Variational · short Nado

6.6%

backtested APR

+$55

historical net P&L on $10,000

0.03%

max drawdown

$10,000$10,055

30 days agostarting capital $10,000today

Over the last 30 days, holding long Variational / short Nado would have produced 6.6% APR — versus the 18.1% the live spread implies right now (equity $10,000 → $10,055). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading ASTER backtest…

ASTER funding — FAQ

Is ASTER funding positive right now?

ASTER perpetual funding is positive on 13 of 15 venues Perpia tracks and negative on 1. The highest is +10.9% on Nado; the lowest is -9.2% on Variational.

What is the best ASTER funding arbitrage right now?

Go long Variational and short Nado for about 18.1% net APR after fees — the widest delta-neutral ASTER spread Perpia currently sees.

Which exchange has the highest ASTER funding rate?

Nado, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How ASTER funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to ASTER

Markets also quoted on both Nado and Variational — the same two exchanges you would already have funded for the ASTER trade.

See every spread between them on the Nado vs Variational page.

Open the live scanner →All funding rates Funding by exchange How we calculate this