Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.001%

Price spread now: Variational Omni against 01 Exchange−0.190%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Variational Omni is 0.190% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.190% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 8.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7288	0.0024	pay 0.0003% / 1h	9m 03s	$8K	$4K	10x
Short	Variational Omni ASTER	0.7274	0.0100	get 0.0050% / 4h	3h 09m	$2.1M	$416K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against 01 Exchange. 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 01 ExchangebpFee Variational OmnibpOrdersPrice spread, now −0.190%Rate

Funding earned: $15.96
Price spread: −0.190% → 0.000%: −$19
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.04
Costs to cover: 0.070%
Break-even: 11.4 days

Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 5 min ago	4.12 bp	doesn't fit	31.6 bp −$316	doesn't fit	doesn't fit

01 Exchange: 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
Deribit ASTER_USDC-PERPETUAL	−0.0079%	1h	0.7288	−0.003%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7293	+0.071%	$255K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7308	+0.276%	$52.7M	$112.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7285	−0.045%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7290	+0.034%	$24K	—	150x	as long as short
01 Exchange ASTERUSDlong	+0.0024%	1h	0.7288	long leg	$8K	$4K	10x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.400%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0062%	4h	0.7291	+0.041%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7291	+0.036%	$882K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7301	+0.185%	$364K	$273K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7288	−0.007%	$254K	$82K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7308	+0.276%	$90.5M	$122.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7318	+0.412%	$49.2M	$25.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7317	+0.398%	$12.5M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7294	+0.082%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7305	+0.233%	$34.0M	$20.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7291	+0.036%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7312	+0.329%	$17.8M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7304	+0.220%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7308	+0.270%	$211K	$498K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7274	−0.190%	$2.1M	$416K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7278	−0.137%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7281	−0.096%	$99K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7300	+0.165%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7287	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7298	+0.137%	$243K	$143K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7277	−0.150%	$211K	$2.2M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7293	+0.067%	$365K	$635K	25x	as long as short
Hyperliquid ASTER	+0.0109%	1h	0.7315	+0.369%	$25.0M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7291	+0.039%	$338K	$609K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7292	+0.051%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7282	−0.082%	$3.5M	$2.1M	75x	as long as short