Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.059%
Price spread now: Hyperliquid against ApeX Omni+0.287%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 3 days (all we have)−0.340%−$34 · spread now +0.287%, 7d avg +0.070%
Together, before fees−0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.217% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ASTERUSDT0.74140.0100pay 0.0013% / 1h2m 33s$66K$717K50x
ShortHyperliquid ASTER0.74350.0150get 0.0019% / 1h2m 33s$25.8M$6.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$10.51
Price spread: +0.287% → +0.070%
$21.69
Slippage, 4 orders
−$23.35
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.15
Costs to cover
0.423%
Break-even
13.8 days
Slippage from ApeX Omni: live order book, 16 min ago; Hyperliquid: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 16 min ago6.74 bp13.6 bp −$1453.4 bp −$534doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.40 bp7.4 bp −$7doesn't fitdoesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTX−0.0136%1h0.7406−0.105%$260K$839K50xas long as short
Aster ASTERUSDT0.0000%4h0.7426+0.158%$56.7M$99.8M200xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7424+0.140%$11K$87K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0007%1h0.7423+0.127%$30K150xas long as short
Injective ASTER/USDC PERP+0.0023%1h0.7390−0.324%$9$133K5.5xas long as short
dYdX ASTER-USD+0.0049%1h0.7422+0.107%$13K$615xas long as short
Lighter ASTER+0.0096%1h0.7430+0.213%$921K$882K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7425+0.148%$372K$269K5xas long as short
Pacifica ASTER+0.0100%1h0.7429+0.197%$255K$107K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7426+0.163%$90.9M$106.9M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ASTERUSDT+0.0100%4h0.7428+0.189%$49.7M$21.8M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7426+0.162%$12.0M$18.6M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7426+0.162%$6.3M$5.0M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7429+0.202%$34.8M$16.4M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7427+0.177%$11.0M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7428+0.189%$18.2M$6.4M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7426+0.162%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7427+0.175%$264K$326K10xas long as short
Variational Omni ASTER+0.0100%4h0.7413−0.007%$2.1M$366Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7419+0.063%$457K$3.8M10xas long as short
ApeX Omni ASTERUSDTlong+0.0100%1h0.7414long leg$66K$717K50x
Orderly PERP_ASTER_USDC+0.0100%4h0.7422+0.108%$14K$84510xas long as short
SunX ASTER-USDT+0.0100%4h0.7433+0.256%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7425+0.148%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7425+0.148%$243K$119K20xas long as short
Extended ASTER-USD+0.0104%1h0.7424+0.129%$378K$635K25xas long as short
edgeX ASTERUSDC+0.0110%4h0.7418+0.051%$214K$1.9M10xas long as short
01 Exchange ASTERUSD+0.0144%1h0.7429+0.202%$8K$4K10xas long as short
Kraken Futures PF_ASTERUSD+0.0146%1h0.7432+0.240%$336K$489K20xas long as short
Hyperliquid ASTERshort+0.0150%1h0.7435+0.287%$25.8M$6.8M5x
GMX ASTER/USD [WBTC.b-USDC]L +0.0305% / S −0.0215%1h0.7424+0.130%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7426+0.162%$3.5M$1.9M75xas long as short