Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.029%

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

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$570.570% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.067%, 7d avg −0.020%

Together, before fees−0.192%−$19 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: Gate is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7440	0.0100	pay 0.0013% / 1h	17m 37s	$66K	$715K	50x
Short	Gate ASTER_USDT	0.7435	0.0100	get 0.0050% / 4h	2h 17m	$6.3M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.020%: −$4.74
Slippage, 4 orders: −$31.95
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61.69
Costs to cover: 0.570%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 6 min ago; Gate: live order book, 1 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	4.71 bp	14.0 bp −$14	51.9 bp −$519	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	2.02 bp	16.0 bp −$16	32.3 bp −$323	166.7 bp −$16.7K	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	−0.0160%	1h	0.7442	+0.024%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.403%	$9	$96K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0032%	1h	0.7437	−0.043%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7435	−0.071%	$57.0M	$99.8M	200x	as long as short
dYdX ASTER-USD	+0.0003%	1h	0.7434	−0.074%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7438	−0.024%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7437	−0.035%	$916K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7436	−0.052%	$370K	$278K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7436	−0.056%	$255K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7435	−0.067%	$91.2M	$106.3M	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	0.7436	−0.054%	$49.7M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7437	−0.040%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7435	−0.067%	$6.3M	$5.0M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7437	−0.040%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7435	−0.067%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7436	−0.054%	$18.2M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7437	−0.040%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7435	−0.065%	$266K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7437	−0.039%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7442	+0.029%	$465K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7440	long leg	$66K	$715K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7432	−0.108%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7446	+0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7436	−0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7434	−0.081%	$243K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7436	−0.052%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7439	−0.007%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7440	0.000%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7442	+0.028%	$286K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7436	−0.053%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7439	−0.013%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0485%	1h	0.7443	+0.043%	$26.1M	$6.7M	5x	as long as short