Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.035%

Price spread now: dYdX against Variational Omni−0.042%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 dYdX

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ASTER	0.7468	0.0100	pay 0.0050% / 4h	34m 17s	$2.1M	$372K	—
Short	dYdX ASTER-USD	0.7465	0	get 0.0000% / 1h	34m 17s	$13K	$61	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$21
Price spread: −0.042% → 0.000%: −$4.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$35.17
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; dYdX: 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, 5 min ago	4.02 bp	doesn't fit	33.5 bp −$335	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0136%	1h	0.7458	−0.132%	$261K	$856K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7461	−0.097%	$56.9M	$100.0M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7465	−0.042%	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7462	−0.085%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7462	−0.083%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	−0.065%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.046%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7466	−0.035%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7463	−0.069%	$374K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7464	−0.056%	$256K	$104K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7463	−0.072%	$91.4M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7465	−0.042%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7462	−0.082%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7463	−0.069%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7466	−0.029%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7463	−0.074%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7463	−0.069%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7461	−0.096%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7456	−0.161%	$251K	$376K	10x	as long as short
Variational Omni ASTERlong	+0.0100%	4h	0.7468	long leg	$2.1M	$372K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7470	+0.025%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7471	+0.038%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7467	−0.015%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7469	+0.011%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7458	−0.136%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7466	−0.029%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7462	−0.079%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	−0.014%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7466	−0.029%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7461	−0.090%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0336%	1h	0.7471	+0.037%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7465	−0.042%	$3.5M	$1.9M	75x	as long as short