Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.003%

Price spread now: edgeX against ApeX Omni+0.012%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.012%, 7d avg −0.061%

Together, before fees−0.154%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.073% dearer against ApeX Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7342	0.0100	pay 0.0013% / 1h	6m 54s	$65K	$713K	50x
Short	edgeX ASTERUSDC	0.7343	0.0120	get 0.0060% / 4h	2h 06m	$212K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $4.14
Price spread: +0.012% → −0.061%: $7.32
Slippage, 4 orders: −$19.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$27.28
Costs to cover: 0.387%
Break-even: 53.1 days

Slippage from ApeX Omni: live order book, 62 min ago; edgeX: 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, 62 min ago	6.70 bp	12.2 bp −$12	58.6 bp −$586	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	2.04 bp	6.5 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit

ASTER on 31 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	−0.0080%	1h	0.7342	+0.003%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7355	+0.177%	$55.0M	$101.4M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7354	+0.166%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7355	+0.181%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.654%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7358	+0.218%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0089%	1h	0.7359	+0.228%	$15K	$1K	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7358	+0.218%	$893K	$898K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7351	+0.123%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7354	+0.159%	$367K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7362	+0.270%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7357	+0.204%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7359	+0.227%	$90.2M	$110.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7354	+0.163%	$49.2M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7363	+0.286%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7354	+0.163%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7359	+0.232%	$33.8M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7357	+0.207%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7355	+0.177%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7358	+0.218%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7358	+0.222%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	+0.112%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	+0.033%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7342	long leg	$65K	$713K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7355	+0.177%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7355	+0.177%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7355	+0.177%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7353	+0.153%	$367K	$639K	25x	as long as short
edgeX ASTERUSDCshort	+0.0120%	4h	0.7343	+0.012%	$212K	$2.0M	10x
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7359	+0.238%	$339K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7354	+0.165%	$28K	—	100x	as long as short