Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%

Price spread now: ApeX Omni against BloFin+0.096%103s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as 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−$440.444% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.388%−$39 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.096%, 7d avg +0.025%

Together, before fees−0.418%−$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.071% dearer against BloFin than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.025%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 103 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	BloFin ASTER-USDT	0.7293	0.0340	pay 0.0170% / 4h	27m 28s	$3.4M	$2.1M	75x
Short	ApeX Omni ASTERUSDT	0.7300	0.0100	get 0.0013% / 1h	27m 28s	$88K	$725K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.096%Rate

Funding earned: −$50.4
Price spread: +0.096% → +0.025%: $7.11
Slippage, 4 orders: −$22.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$87.73
Costs to cover: 0.444%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 31 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 BloFin live order book, 6 min ago	0.69 bp	10.8 bp −$11	15.4 bp −$154	43.9 bp −$4,386	doesn't fit
Sell ApeX Omni live order book, 31 min ago	6.81 bp	13.9 bp −$14	62.0 bp −$620	doesn't fit	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
Deribit ASTER_USDC-PERPETUAL	−0.0148%	1h	0.7282	−0.144%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7286	−0.101%	$254K	$986K	50x	as long as short
01 Exchange ASTERUSD	−0.0040%	1h	0.7290	−0.041%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0008%	4h	0.7291	−0.033%	$53.3M	$109.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7290	−0.046%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7287	−0.079%	$31K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.330%	$9	$133K	5.5x	as long as short
SoDEX ASTER-USD	+0.0065%	1h	0.7281	−0.165%	$13K	$8K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0069%	4h	0.7287	−0.082%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7293	−0.004%	$882K	$921K	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	0.7288	−0.073%	$359K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7296	+0.045%	$25.3M	$7.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7294	+0.016%	$254K	$80K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7288	−0.069%	$89.2M	$118.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7288	−0.069%	$48.8M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7291	−0.027%	$12.2M	$19.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7290	−0.041%	$6.4M	$5.6M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7288	−0.069%	$33.3M	$18.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7287	−0.082%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7291	−0.027%	$17.8M	$7.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7291	−0.027%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7287	−0.081%	$218K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7288	−0.065%	$2.1M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7291	−0.033%	$456K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7300	+0.096%	$88K	$725K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7291	−0.027%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7287	−0.082%	$242K	$141K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7290	−0.043%	$365K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7288	−0.062%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0283%	1h	0.7287	−0.081%	$340K	$578K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7284	−0.119%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7293	long leg	$3.4M	$2.1M	75x