Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: OKX against ApeX Omni−0.378%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.378%, 7d avg −0.029%

Together, before fees+0.135%+$13 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: OKX is 0.349% cheaper against ApeX Omni than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7402	0.0100	pay 0.0013% / 1h	52m 57s	$66K	$715K	50x
Short	OKX ASTER-USDT-SWAP	0.7374	0.0100	get 0.0050% / 4h	1h 52m	$11.9M	$18.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.378%Rate

Funding earned: $0
Price spread: −0.378% → −0.029%: −$34.9
Slippage, 4 orders: −$23.7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$78.6
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 31 min ago; OKX: live order book, just now.

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, 31 min ago	4.71 bp	14.0 bp −$14	51.9 bp −$519	doesn't fit	doesn't fit
Sell OKX live order book, just now	0.68 bp	10.9 bp −$11	22.4 bp −$224	134.7 bp −$13.5K	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	0.7390	−0.168%	$251K	$827K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0061%	1h	0.7382	−0.270%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7376	−0.352%	$56.4M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7384	−0.245%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0012%	1h	0.7385	−0.226%	$13K	$61	5x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.108%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7382	−0.272%	$908K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7386	−0.209%	$369K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7389	−0.180%	$253K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7376	−0.351%	$90.3M	$107.0M	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	0.7376	−0.351%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAPshort	+0.0100%	4h	0.7374	−0.378%	$11.9M	$18.4M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7379	−0.311%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7376	−0.351%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7379	−0.304%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7379	−0.311%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7376	−0.351%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7376	−0.347%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7395	−0.096%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7404	+0.024%	$465K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7402	long leg	$66K	$715K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7388	−0.189%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7394	−0.108%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7381	−0.284%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7387	−0.203%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7375	−0.361%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7398	−0.058%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7384	−0.243%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7386	−0.216%	$284K	$420K	20x	as long as short
Hyperliquid ASTER	+0.0201%	1h	0.7383	−0.259%	$25.7M	$6.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7383	−0.252%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7383	−0.257%	$3.5M	$1.8M	75x	as long as short