S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.239%

Price spread now: Variational Omni against Aster+0.020%7-day average −0.215% · you sell dearer than you buy

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.455%−$46 on $10k

Price spread, last 4 days (all we have)+0.352%+$35 · spread now +0.020%, 7d avg −0.215%

Together, before fees−0.103%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.235% dearer against Aster than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.215%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 3 days (−0.455% in total) that is about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SUSDT	0.04036	0.0100	pay 0.0050% / 4h	32m 12s	$44K	$131K	10x
Short	Variational Omni S	0.04037	−0.0016	pay 0.0008% / 4h	32m 12s	$626K	$30K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now +0.020%Rate

Funding earned: −$24.29
Price spread: +0.020% → −0.215%: $23.48
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.81
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 24 min ago; Variational Omni: RFQ quote, 27 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 Aster live order book, 24 min ago	14.65 bp	77.6 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 27 min ago	7.31 bp	doesn't fit	104.8 bp −$1,048	doesn't fit	doesn't fit

S on 25 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
01 Exchange SUSD	−0.7880%	1h	0.03960	−1.883%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2528%	1h	0.04038	+0.046%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.03986	−1.239%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04038	+0.045%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04036	−0.004%	$4	—	15x	as long as short
Variational Omni Sshort	−0.0016%	4h	0.04037	+0.020%	$626K	$30K	—
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04040	+0.099%	$3K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.586%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0063%	4h	0.04040	+0.099%	$100K	$298K	10x	as long as short
Lighter S	+0.0096%	1h	0.04042	+0.149%	$169K	$156K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04040	+0.104%	$1.0M	$554K	5x	as long as short
Aster SUSDTlong	+0.0100%	4h	0.04036	long leg	$44K	$131K	10x
Binance SUSDT	+0.0100%	4h	0.04040	+0.099%	$5.5M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04035	−0.024%	$5.8M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04038	+0.050%	$1.0M	$3.9M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04040	+0.099%	$331K	$188K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04039	+0.075%	$3.9M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04035	−0.024%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04040	+0.099%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04038	+0.050%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04030	−0.148%	$24K	$458K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04037	+0.024%	$231K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04024	−0.297%	$279K	$97K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0740%	1h	0.04044	+0.199%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.0879%	1h	0.04050	+0.347%	$118K	$403K	5x	as long as short