Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against ApeX Omni−0.067%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.388%+$39 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.067%, 7d avg −0.018%

Together, before fees+0.491%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7446	0.0100	pay 0.0013% / 1h	30m 16s	$66K	$714K	50x
Short	BloFin ASTER-USDT	0.7441	0.0340	get 0.0170% / 4h	3h 30m	$3.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.067%Rate

Funding earned: $50.4
Price spread: −0.067% → −0.018%: −$4.93
Slippage, 4 orders: −$24.68
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.22
Costs to cover: 0.467%
Break-even: 7.2 days

Slippage from ApeX Omni: live order book, 43 min ago; BloFin: live order book, 3 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, 43 min ago	6.72 bp	13.3 bp −$13	57.6 bp −$576	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.02 bp	10.2 bp −$10	11.8 bp −$118	34.5 bp −$3,451	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	−0.0080%	1h	0.7443	−0.046%	$266K	$850K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0010%	1h	0.7445	−0.016%	$212K	$435K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7442	−0.054%	$56.4M	$99.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7447	+0.011%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7441	−0.070%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7442	−0.060%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.752%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7446	−0.004%	$342K	$488K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0091%	4h	0.7447	+0.013%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7445	−0.008%	$918K	$881K	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	0.7443	−0.040%	$372K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7443	−0.042%	$255K	$102K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7443	−0.040%	$91.3M	$107.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7443	−0.040%	$49.8M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7446	0.000%	$12.0M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7445	−0.013%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7445	−0.013%	$35.7M	$16.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7443	−0.042%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7442	−0.054%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7445	−0.013%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7438	−0.103%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7453	+0.094%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7446	long leg	$66K	$714K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7449	+0.040%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7441	−0.067%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7440	−0.081%	$243K	$110K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7453	+0.097%	$215K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7441	−0.065%	$373K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7437	−0.121%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0232%	1h	0.7453	+0.093%	$25.9M	$6.6M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7442	−0.059%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7441	−0.067%	$3.5M	$1.9M	75x