Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%

Price spread now: Nado against Variational Omni−0.079%7-day average +0.077% · you buy dearer than you sell

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

Long on Variational Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.079%+$8 on $10k

Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.079%, 7d avg +0.077%

Together, before fees+0.319%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$32 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: Nado is 0.157% cheaper against Variational Omni than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ASTER	0.7449	0.0100	pay 0.0050% / 4h	11m 32s	$2.1M	$372K	—
Short	Nado ASTER-PERP	0.7443	0.0100	get 0.0012% / 1h	11m 32s	$372K	$267K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. 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 Variational OmnibpFee NadobpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → +0.077%: −$15.68
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22.68
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Nado: live order book, 1 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 Variational Omni RFQ quote, 3 min ago	4.70 bp	doesn't fit	38.3 bp −$383	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.94 bp	8.6 bp −$9	25.8 bp −$258	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	0.7447	−0.039%	$260K	$855K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7437	−0.167%	$56.6M	$100.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7439	−0.140%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7439	−0.140%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7439	−0.144%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7442	−0.106%	$336K	$486K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.798%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7442	−0.101%	$922K	$884K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7439	−0.140%	$14K	$845	10x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7443	−0.079%	$372K	$267K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7440	−0.122%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7439	−0.140%	$91.2M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7435	−0.194%	$49.7M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7436	−0.180%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7440	−0.126%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7440	−0.126%	$35.1M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7439	−0.135%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7436	−0.180%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7435	−0.194%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7436	−0.179%	$219K	$400K	10x	as long as short
Variational Omni ASTERlong	+0.0100%	4h	0.7449	long leg	$2.1M	$372K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	−0.089%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7442	−0.100%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7449	−0.006%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7437	−0.167%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	−0.100%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7437	−0.166%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7441	−0.108%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7438	−0.153%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7442	−0.104%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0331%	1h	0.7444	−0.067%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7441	−0.113%	$3.5M	$1.9M	75x	as long as short