Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni−0.330%98s7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.428% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.330%, 7d avg −0.042%

Together, before fees+0.135%+$14 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: BingX is 0.289% cheaper against ApeX Omni than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7262	0.0100	pay 0.0013% / 1h	41m 45s	$84K	$724K	50x
Short	BingX ASTER-USDT	0.7238	0.0100	get 0.0050% / 4h	41m 45s	—	$9.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.330%Rate

Funding earned: $0
Price spread: −0.330% → −0.042%: −$28.89
Slippage, 4 orders: −$22.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$71.69
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 17 min ago; BingX: live order book, 11 min ago.

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 ApeX Omni live order book, 17 min ago	6.81 bp	13.1 bp −$13	55.3 bp −$553	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	2.05 bp	8.8 bp −$9	11.4 bp −$114	34.7 bp −$3,470	118.2 bp −$59.1K

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	−0.0371%	1h	0.7242	−0.275%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7238	−0.326%	$259K	$963K	50x	as long as short
Aster ASTERUSDT	−0.0018%	4h	0.7237	−0.344%	$53.7M	$108.1M	200x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7243	−0.262%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	−0.308%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7245	−0.233%	$30K	—	150x	as long as short
SoDEX ASTER-USD	+0.0011%	1h	0.7237	−0.344%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.763%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0071%	4h	0.7245	−0.234%	$13K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7241	−0.285%	$876K	$919K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7252	−0.138%	$357K	$265K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7248	−0.198%	$25.1M	$6.7M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7241	−0.284%	$251K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7236	−0.352%	$88.9M	$116.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7239	−0.317%	$48.3M	$24.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7242	−0.275%	$12.1M	$19.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7243	−0.262%	$6.4M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7237	−0.344%	$32.8M	$18.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7239	−0.315%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7237	−0.344%	$17.7M	$7.2M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7238	−0.330%	—	$9.8M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7240	−0.300%	$215K	$492K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7228	−0.473%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7260	−0.028%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7262	long leg	$84K	$724K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7248	−0.193%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7243	−0.262%	$241K	$134K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7240	−0.300%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7228	−0.465%	$209K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0285%	1h	0.7244	−0.244%	$341K	$562K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7243	−0.264%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7256	−0.083%	$3.5M	$2.1M	75x	as long as short