Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.034%

Price spread now: Variational Omni against dYdX+0.143%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.143% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ASTER-USD	0.7420	0.0002	pay 0.0000% / 1h	13m 23s	$13K	$61	5x
Short	Variational Omni ASTER	0.7430	0.0100	get 0.0050% / 4h	2h 13m	$2.1M	$363K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against dYdX. 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 dYdXbpFee Variational OmnibpOrdersPrice spread, now +0.143%Rate

Funding earned: $20.51
Price spread: +0.143% → 0.000%: $14.3
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $24.81
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 1 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 dYdX no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	4.04 bp	doesn't fit	49.8 bp −$498	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0234%	1h	0.7430	+0.141%	$11K	$87K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7442	+0.300%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.129%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7422	+0.032%	$56.8M	$99.8M	200x	as long as short
dYdX ASTER-USDlong	+0.0002%	1h	0.7420	long leg	$13K	$61	5x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7430	+0.142%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7422	+0.040%	$914K	$852K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7425	+0.076%	$371K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7422	+0.035%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7419	−0.009%	$91.0M	$106.4M	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	0.7418	−0.021%	$49.6M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7421	+0.019%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7421	+0.019%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7421	+0.019%	$34.0M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7425	+0.079%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7425	+0.073%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7418	−0.021%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7429	+0.127%	$266K	$324K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7430	+0.143%	$2.1M	$363K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7435	+0.212%	$457K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7434	+0.195%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7435	+0.208%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7435	+0.208%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7428	+0.114%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7428	+0.114%	$243K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7429	+0.130%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7423	+0.041%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0152%	1h	0.7420	+0.006%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7434	+0.193%	$286K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7429	+0.127%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7431	+0.154%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0483%	1h	0.7428	+0.107%	$26.0M	$6.7M	5x	as long as short