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 +0.010%

Price spread now: ApeX Omni against Bybit+0.014%49s7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as 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−$490.487% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 3 days (all we have)+0.293%+$29 · spread now +0.014%, 7d avg +0.039%

Together, before fees+0.389%+$39 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: ApeX Omni is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.039%. The two prices were read 49 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	Bybit ASTERUSDT	0.7403	0.0100	pay 0.0050% / 4h	2h 54m	$49.2M	$21.8M	75x
Short	ApeX Omni ASTERUSDT	0.7404	0.0100	get 0.0013% / 1h	54m 37s	$66K	$715K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.039%: −$2.54
Slippage, 4 orders: −$27.73
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$51.27
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 34 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 Bybit live order book, 4 min ago	0.68 bp	11.5 bp −$11	38.6 bp −$386	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	5.40 bp	12.5 bp −$13	59.3 bp −$593	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
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7410	+0.097%	$254K	$838K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.351%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7410	+0.089%	$56.9M	$99.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7408	+0.066%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7421	+0.244%	$11K	$117K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7416	+0.178%	$30K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7410	+0.095%	$8K	$4K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7411	+0.115%	$896K	$810K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7420	+0.230%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	+0.162%	$368K	$280K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7405	+0.032%	$254K	$109K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7404	+0.009%	$90.9M	$106.0M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7403	long leg	$49.2M	$21.8M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7392	−0.149%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7388	−0.203%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7398	−0.068%	$33.8M	$16.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7411	+0.103%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7381	−0.297%	$18.0M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7383	−0.270%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7429	+0.350%	$281K	$295K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7406	+0.047%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7412	+0.122%	$456K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7404	+0.014%	$66K	$715K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7415	+0.162%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7421	+0.243%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7419	+0.216%	$243K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7407	+0.055%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7384	−0.253%	$376K	$635K	25x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7427	+0.330%	$289K	$417K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7416	+0.172%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7419	+0.216%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0398%	1h	0.7418	+0.196%	$26.0M	$6.8M	5x	as long as short