Funding arb · Price arb /

AR

all AR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Aster against Variational Omni+0.009%7-day average +0.144% · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.131%+$13 on $10k

Price spread, last 4 days (all we have)+0.344%+$34 · spread now +0.009%, 7d avg +0.144%

Together, before fees+0.475%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$47 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: Aster is 0.135% cheaper against Variational Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AR	4.4682	0.0100	pay 0.0100% / 8h	4h 05m	$236K	$246K	—
Short	Aster ARUSDT	4.4686	0.0100	get 0.0100% / 8h	4h 05m	$26K	$478K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.144%: −$13.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.48
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Aster: live order book, 52 min ago. 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 Variational Omni RFQ quote, 54 min ago	4.91 bp	doesn't fit	147.9 bp −$1,479	doesn't fit	doesn't fit
Sell Aster live order book, 52 min ago	12.19 bp	60.7 bp −$61	doesn't fit	doesn't fit	doesn't fit

AR on 17 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
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.4659	−0.051%	$574K	—	50x	as long as short
OKX AR-USDT-SWAP	+0.0063%	8h	4.4670	−0.027%	$2.3M	$17.7M	20x	as long as short
Aster ARUSDTshort	+0.0100%	8h	4.4686	+0.009%	$26K	$478K	10x
Binance ARUSDT	+0.0100%	8h	4.4670	−0.027%	$8.8M	$49.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4661	−0.047%	$4.6M	$8.2M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4670	−0.027%	$2.5M	$1.9M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.4680	−0.005%	$6.4M	$4.2M	100x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.4640	−0.094%	$1.1M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4640	−0.094%	$3.9M	$5.0M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.4680	−0.005%	—	$2.8M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ARlong	+0.0100%	8h	4.4682	long leg	$236K	$246K	—
ApeX Omni ARUSDT	+0.0100%	1h	4.4800	+0.264%	$19K	$718K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.4643	−0.088%	$37K	$236K	10x	as long as short
Hyperliquid AR	+0.0210%	1h	4.4738	+0.125%	$4.0M	$4.3M	5x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.4780	+0.219%	$423K	$469K	20x	as long as short
Kraken Futures PF_ARUSD	+0.0695%	1h	4.4663	−0.042%	$60K	$159K	20x	as long as short
Injective AR/USDC PERP	+0.0854%	1h	4.4770	+0.197%	$2K	$5K	5.5x	as long as short