Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Extended+0.518%7-day average −0.041% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.045%−$5 on $10k

Price spread, last 4 days (all we have)−0.597%−$60 · spread now +0.518%, 7d avg −0.041%

Together, before fees−0.642%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$64 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 0.559% dearer against Extended than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7333	0.0104	pay 0.0013% / 1h	56m 48s	$367K	$641K	25x
Short	Variational Omni ASTER	0.7371	0.0100	get 0.0050% / 4h	2h 56m	$2.1M	$374K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now +0.518%Rate

Funding earned: −$0.84
Price spread: +0.518% → −0.041%: $55.87
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $50.03
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 11 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 Extended live order book, 11 min ago	2.55 bp	5.7 bp −$6	8.5 bp −$85	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	4.07 bp	doesn't fit	47.4 bp −$474	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	−0.0080%	1h	0.7349	+0.222%	$269K	$849K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0077%	1h	0.7345	+0.158%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7333	−0.001%	$55.4M	$100.6M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7353	+0.275%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7357	+0.324%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.774%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7348	+0.202%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7334	+0.015%	$891K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7357	+0.325%	$368K	$256K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7337	+0.047%	$25.4M	$6.5M	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	0.7360	+0.361%	$252K	$70K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7330	−0.044%	$90.0M	$109.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7327	−0.085%	$48.8M	$22.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7333	−0.003%	$12.0M	$18.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7338	+0.065%	$6.4M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7335	+0.024%	$35.4M	$17.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7335	+0.024%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7328	−0.071%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7331	−0.030%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7338	+0.058%	$214K	$460K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7371	+0.518%	$2.1M	$374K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7384	+0.693%	$455K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7381	+0.652%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7348	+0.202%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7345	+0.161%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7354	+0.283%	$240K	$109K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7333	long leg	$367K	$641K	25x
edgeX ASTERUSDC	+0.0114%	4h	0.7380	+0.643%	$213K	$1.9M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7350	+0.229%	$338K	$499K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7352	+0.256%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7332	−0.017%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0887%	1h	0.7362	+0.386%	$13K	$61	5x	as long as short