Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%

Price spread now: Deribit against Variational Omni−0.007%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Deribit

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ASTER	0.7357	0.0100	pay 0.0050% / 4h	1h 20m	$2.1M	$370K	—
Short	Deribit ASTER_USDC-PERPETUAL	0.7357	0	get 0.0000% / 1h	20m 57s	$11K	$71K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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 Variational OmnibpFee DeribitbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$21
Price spread: −0.007% → 0.000%: −$0.73
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.73
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Deribit: no order-book sample. 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 Variational Omni RFQ quote, 3 min ago	4.09 bp	doesn't fit	42.2 bp −$422	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Coinbase International ASTER-PERP-INTX	−0.0088%	1h	0.7357	+0.001%	$271K	$880K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7359	+0.026%	$54.7M	$101.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7358	+0.005%	$15K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7365	+0.107%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUALshort	0.0000%	1h	0.7357	−0.007%	$11K	$71K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7357	−0.008%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.447%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7356	−0.015%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7361	+0.055%	$897K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	+0.068%	$368K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7366	+0.120%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7360	+0.038%	$256K	$72K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7357	−0.005%	$90.4M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7359	+0.025%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7362	+0.066%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7358	+0.012%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7358	+0.012%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7361	+0.048%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7360	+0.039%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7358	+0.012%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7359	+0.028%	$218K	$481K	10x	as long as short
Variational Omni ASTERlong	+0.0100%	4h	0.7357	long leg	$2.1M	$370K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	−0.218%	$458K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7347	−0.138%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7366	+0.120%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7355	−0.029%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7357	−0.002%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7355	−0.034%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7332	−0.335%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7359	+0.026%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7355	−0.032%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7355	−0.029%	$3.5M	$1.9M	75x	as long as short