Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: ApeX Omni against KuCoin−0.134%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 3 days (all we have)+0.289%+$29 · spread now −0.134%, 7d avg +0.021%

Together, before fees+0.402%+$40 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: ApeX Omni is 0.154% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7408	0.0100	pay 0.0050% / 4h	1h 33m	$11.0M	$3.1M	75x
Short	ApeX Omni ASTERUSDT	0.7398	0.0100	get 0.0013% / 1h	33m 21s	$66K	$716K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.134%Rate

Funding earned: $0
Price spread: −0.134% → +0.021%: −$15.43
Slippage, 4 orders: −$48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$85.43
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 50 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 KuCoin live order book, 5 min ago	2.36 bp	20.2 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 50 min ago	4.71 bp	10.8 bp −$11	61.1 bp −$611	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	−0.0136%	1h	0.7392	−0.219%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7407	−0.012%	$56.6M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7393	−0.201%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7404	−0.054%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.028%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7411	+0.046%	$914K	$853K	5x	as long as short
dYdX ASTER-USD	+0.0099%	1h	0.7407	−0.012%	$13K	$61	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7405	−0.039%	$371K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7411	+0.036%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7403	−0.071%	$90.7M	$106.7M	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	0.7405	−0.039%	$49.5M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7402	−0.080%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7408	+0.001%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7406	−0.026%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7408	long leg	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7405	−0.039%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7401	−0.093%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7395	−0.170%	$263K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	−0.152%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7396	−0.157%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7398	−0.134%	$66K	$716K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7408	+0.001%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7401	−0.093%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7395	−0.174%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7390	−0.242%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7410	+0.031%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7394	−0.189%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7409	+0.015%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7398	−0.134%	$284K	$424K	20x	as long as short
Hyperliquid ASTER	+0.0169%	1h	0.7412	+0.055%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7403	−0.068%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7386	−0.296%	$3.4M	$1.9M	75x	as long as short