Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: ApeX Omni against GRVT+0.028%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.028%, 7d avg +0.041%

Together, before fees+0.097%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7349	0.0100	pay 0.0050% / 4h	2h 08m	$454K	$3.9M	10x
Short	ApeX Omni ASTERUSDT	0.7351	0.0100	get 0.0013% / 1h	8m 29s	$66K	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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 GRVTbpFee ApeX OmnibpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.041%: −$1.33
Slippage, 4 orders: −$26.3
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$46.62
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; ApeX Omni: live order book, 60 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 GRVT live order book, 5 min ago	0.68 bp	10.5 bp −$11	23.0 bp −$230	10281.0 bp −$1.03M	91360.8 bp −$45.68M
Sell ApeX Omni live order book, 60 min ago	6.70 bp	13.4 bp −$13	55.0 bp −$550	doesn't fit	doesn't fit

ASTER on 31 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	0.7350	+0.013%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7347	−0.022%	$54.9M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7344	−0.062%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7348	−0.010%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.559%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7354	+0.069%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0091%	1h	0.7351	+0.022%	$14K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7342	−0.094%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7350	+0.019%	$892K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	+0.083%	$367K	$255K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7354	+0.073%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	−0.007%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7352	+0.042%	$90.1M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7352	+0.042%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7356	+0.096%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7346	−0.040%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7345	−0.053%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7347	−0.024%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7355	+0.083%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7347	−0.026%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7347	−0.032%	$219K	$482K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	+0.017%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7349	long leg	$454K	$3.9M	10x
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7351	+0.028%	$66K	$713K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7345	−0.053%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7345	−0.053%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7346	−0.040%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7346	−0.046%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7350	+0.010%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7348	−0.009%	$339K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7346	−0.044%	$28K	—	100x	as long as short