Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Variational Omni against Bybit−0.326%7-day average −0.023% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.050%−$5 on $10k

Price spread, last 7 days+0.305%+$31 · spread now −0.326%, 7d avg −0.023%

Together, before fees+0.256%+ Points / potential airdropVariational Omni: Active · farm board+$26 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: Variational Omni is 0.303% cheaper against Bybit than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7354	0.0100	pay 0.0050% / 4h	1h 22m	$49.0M	$22.8M	75x
Short	Variational Omni ASTER	0.7330	0.0100	get 0.0050% / 4h	1h 22m	$2.1M	$371K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational 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 Variational OmnibpOrdersPrice spread, now −0.326%Rate

Funding earned: $0
Price spread: −0.326% → −0.023%: −$30.31
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$41.31
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 1 min ago	0.68 bp	10.7 bp −$11	41.1 bp −$411	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	4.09 bp	doesn't fit	49.0 bp −$490	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	−0.0088%	1h	0.7347	−0.094%	$270K	$879K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7352	−0.021%	$54.7M	$101.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7345	−0.129%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7359	+0.068%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7345	−0.126%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7354	+0.006%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.490%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7347	−0.095%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7352	−0.033%	$896K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	−0.061%	$368K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7364	+0.137%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7353	−0.011%	$256K	$72K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7355	+0.012%	$90.4M	$110.1M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7354	long leg	$49.0M	$22.8M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7358	+0.054%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7353	−0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7351	−0.041%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	−0.034%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7353	−0.014%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7356	+0.027%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7344	−0.131%	$218K	$481K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7330	−0.326%	$2.1M	$371K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7326	−0.381%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7336	−0.245%	$65K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7356	+0.027%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7344	−0.136%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7347	−0.095%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7352	−0.021%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7332	−0.292%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7347	−0.093%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7343	−0.146%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7342	−0.163%	$3.5M	$1.9M	75x	as long as short