Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against ApeX Omni0.000%49s7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.484% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 3 days (all we have)−0.070%−$7 · spread now 0.000%, 7d avg −0.037%

Together, before fees−0.164%−$16 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: Bybit is 0.037% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7427	0.0100	pay 0.0013% / 1h	46m 45s	$66K	$716K	50x
Short	Bybit ASTERUSDT	0.7427	0.0100	get 0.0050% / 4h	3h 46m	$49.6M	$22.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.037%: $3.71
Slippage, 4 orders: −$27.38
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$44.66
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 27 min ago; Bybit: live order book, 2 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, 27 min ago	6.72 bp	13.3 bp −$13	57.6 bp −$576	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.67 bp	10.6 bp −$11	41.0 bp −$410	179.0 bp −$17.9K	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
Backpack ASTER_USDC_PERP	−0.0113%	1h	0.7427	−0.001%	$215K	$404K	10x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7416	−0.149%	$264K	$867K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7429	+0.027%	$56.5M	$101.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7426	−0.016%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7427	−0.003%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7429	+0.021%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.498%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7431	+0.054%	$341K	$507K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7436	+0.121%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7432	+0.070%	$917K	$879K	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	0.7424	−0.042%	$371K	$266K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7430	+0.046%	$255K	$103K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7429	+0.027%	$91.1M	$108.5M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7427	0.000%	$49.6M	$22.1M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7428	+0.013%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7430	+0.040%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7430	+0.040%	$35.0M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7429	+0.027%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7429	+0.027%	$18.2M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7430	+0.040%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7424	−0.036%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7420	−0.091%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7427	long leg	$66K	$716K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7433	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7427	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7419	−0.108%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7430	+0.047%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7427	0.000%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7417	−0.128%	$214K	$1.9M	10x	as long as short
Hyperliquid ASTER	+0.0244%	1h	0.7438	+0.143%	$25.8M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7426	−0.016%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7423	−0.054%	$3.5M	$1.9M	75x	as long as short