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 +0.007%

Price spread now: Variational Omni against GRVT+0.043%104s7-day average −0.037% · you sell dearer than you buy

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

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.057%−$6 on $10k

Price spread, last 7 days−0.143%−$14 · spread now +0.043%, 7d avg −0.037%

Together, before fees−0.200%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$20 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 0.080% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 104 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	GRVT ASTER_USDT_Perp	0.7348	0.0100	pay 0.0050% / 4h	2h 11m	$454K	$3.9M	10x
Short	Variational Omni ASTER	0.7351	0.0100	get 0.0050% / 4h	2h 11m	$2.1M	$375K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. 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 GRVTbpFee Variational OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.037%: $8.01
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.99
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 2 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 GRVT live order book, 2 min ago	0.68 bp	10.5 bp −$11	23.0 bp −$230	10281.0 bp −$1.03M	91360.8 bp −$45.68M
Sell Variational Omni RFQ quote, 2 min ago	4.76 bp	doesn't fit	45.5 bp −$455	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	+0.026%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7355	+0.094%	$55.0M	$101.6M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7356	+0.113%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7358	+0.140%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.572%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7357	+0.123%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7351	+0.041%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7358	+0.137%	$893K	$898K	5x	as long as short
dYdX ASTER-USD	+0.0097%	1h	0.7357	+0.118%	$15K	$1K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7353	+0.066%	$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	0.7361	+0.173%	$25.5M	$6.6M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7355	+0.091%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7353	+0.075%	$90.1M	$110.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7354	+0.082%	$49.2M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7353	+0.069%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7356	+0.109%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7359	+0.150%	$33.9M	$17.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7357	+0.116%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7357	+0.123%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7354	+0.082%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7357	+0.124%	$218K	$481K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7351	+0.043%	$2.1M	$375K	—
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7348	long leg	$454K	$3.9M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7353	+0.069%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7357	+0.123%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7356	+0.109%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7349	+0.014%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7354	+0.079%	$367K	$640K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7347	−0.012%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7360	+0.163%	$340K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7354	+0.089%	$28K	—	100x	as long as short