Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: KuCoin against ApeX Omni−0.067%82s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as 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−$750.746% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.067%, 7d avg −0.018%

Together, before fees−0.110%−$11 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: KuCoin is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 82 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	0.7315	0.0100	pay 0.0013% / 1h	28m 09s	$99K	$738K	50x
Short	KuCoin ASTERUSDTM	0.7310	0.0100	get 0.0050% / 4h	1h 28m	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.018%: −$4.86
Slippage, 4 orders: −$52.6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$79.46
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 16 min ago; KuCoin: live order book, 10 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, 16 min ago	7.46 bp	13.6 bp −$14	54.3 bp −$543	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	3.48 bp	21.7 bp −$22	doesn't fit	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	−0.0024%	1h	0.7321	+0.081%	$253K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7310	−0.064%	$52.1M	$116.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7308	−0.102%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7309	−0.079%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7309	−0.084%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.025%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7317	+0.028%	$340K	$672K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0070%	4h	0.7309	−0.082%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7315	−0.007%	$886K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7307	−0.114%	$342K	$298K	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	0.7318	+0.046%	$257K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7310	−0.062%	$92.4M	$132.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7309	−0.082%	$49.3M	$26.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7312	−0.041%	$12.5M	$22.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7310	−0.068%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7310	−0.068%	$35.0M	$20.9M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7310	−0.067%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7311	−0.055%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7311	−0.055%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7307	−0.106%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7310	−0.068%	$451K	$4.3M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7315	long leg	$99K	$738K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7322	+0.096%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7311	−0.055%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7316	+0.014%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7310	−0.071%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7308	−0.102%	$213K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7309	−0.082%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0220%	1h	0.7323	+0.111%	$209K	$499K	10x	as long as short
Hyperliquid ASTER	+0.0272%	1h	0.7315	−0.001%	$25.0M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7311	−0.054%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7319	+0.055%	$3.6M	$2.1M	75x	as long as short