Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.062%

Price spread now: BloFin against ApeX Omni−0.067%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.067%, 7d avg −0.020%

Together, before fees+0.432%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.020%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7416	0.0100	pay 0.0013% / 1h	12m 59s	$66K	$718K	50x
Short	BloFin ASTER-USDT	0.7411	0.0340	get 0.0170% / 4h	1h 12m	$3.4M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX 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 ApeX OmnibpFee BloFinbpOrdersPrice spread, now −0.067%Rate

Funding earned: $50.4
Price spread: −0.067% → −0.020%: −$4.73
Slippage, 4 orders: −$23.3
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.37
Costs to cover: 0.453%
Break-even: 6.9 days

Slippage from ApeX Omni: live order book, 6 min ago; BloFin: live order book, 5 min ago.

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 ApeX Omni live order book, 6 min ago	6.74 bp	13.6 bp −$14	53.4 bp −$534	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	2.02 bp	9.2 bp −$9	14.0 bp −$140	36.0 bp −$3,602	doesn't fit

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	−0.0136%	1h	0.7393	−0.307%	$260K	$837K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7413	−0.040%	$56.6M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7410	−0.085%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7410	−0.078%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.351%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0061%	1h	0.7412	−0.059%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7415	−0.013%	$917K	$878K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7413	−0.034%	$372K	$271K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7413	−0.035%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7415	−0.019%	$90.8M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7413	−0.040%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7414	−0.027%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7414	−0.027%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7413	−0.040%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7414	−0.032%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7412	−0.054%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7415	−0.013%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7412	−0.059%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7412	−0.060%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7411	−0.067%	$462K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7416	long leg	$66K	$718K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7417	+0.013%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7415	−0.013%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7409	−0.094%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7414	−0.027%	$242K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7414	−0.033%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7409	−0.088%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7412	−0.054%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0143%	1h	0.7417	+0.011%	$25.7M	$6.8M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7412	−0.048%	$335K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7410	−0.079%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7411	−0.067%	$3.4M	$1.9M	75x