Astervs
Coinbase International
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 27 liquid markets shared by Aster and Coinbase International, the best funding setup over the past 7 days is $LIT (long Coinbase International, short Aster): it paid 55.5% APR, 47.1% after costs, and held 89% of the time.
27 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs — not by the instantaneous APR.
Coinbase InternationalAsterAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalCoinbase InternationalAsterAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalAsterCoinbase InternationalCoinbase InternationalAster“7d avg” is the funding spread the pair actually paid over the last 7 days. “After costs” subtracts taker fees for opening and closing both legs over a 7-day hold. “Holds” is the share of hours the spread kept the same sign and at least 5% APR.
| Aster | Coinbase International | |
|---|---|---|
| Type | DEX | CEX |
| Taker fee | 0.04% | 0.04% |
| Maker fee | 0.01%✓ | 0.02% |
| Open Interest | $1.41B✓ | $206.9M |
| 24h Volume | $848.1M | $2.98B✓ |
| Avg Funding APR | 13.86% | 24.33% |
| Markets | 528✓ | 128 |
| Airdrop / token | Listed | — |
Aster and Coinbase International are both perpetual-futures venues tracked on ORBIT. On fees, both charge the same 0.04% taker. On liquidity, Aster is deeper with $1.41B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely “one or the other” — you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where Aster and Coinbase International diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between Aster and Coinbase International pays most?
- Across 27 liquid markets shared by Aster and Coinbase International, the best funding setup over the past 7 days is $LIT (long Coinbase International, short Aster): it paid 55.5% APR, 47.1% after costs, and held 89% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Aster or Coinbase International cheaper?
- Aster charges 0.04% taker / 0.01% maker; Coinbase International charges 0.04% taker / 0.02% maker. Both are equal on taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, Aster or Coinbase International?
- Aster has $1.41B open interest across 528 markets; Coinbase International has $206.9M across 128. Aster is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Aster and Coinbase International?
- Yes — when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.