Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Extended−0.094%7-day average −0.043% · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.048%−$5 on $10k

Price spread, last 4 days (all we have)+0.663%+$66 · spread now −0.094%, 7d avg −0.043%

Together, before fees+0.615%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$62 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: Variational Omni is 0.052% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ASTER-USD	0.7340	0.0104	pay 0.0013% / 1h	34m 52s	$367K	$640K	25x
Short	Variational Omni ASTER	0.7333	0.0100	get 0.0050% / 4h	1h 34m	$2.1M	$371K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now −0.094%Rate

Funding earned: −$0.84
Price spread: −0.094% → −0.043%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 28 min ago; Variational Omni: RFQ quote, 4 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 Extended live order book, 28 min ago	1.90 bp	7.1 bp −$7	10.2 bp −$102	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	4.10 bp	doesn't fit	43.7 bp −$437	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	−0.0088%	1h	0.7328	−0.158%	$270K	$877K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7334	−0.085%	$54.6M	$101.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7332	−0.115%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7335	−0.068%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7340	+0.007%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7338	−0.027%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.681%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0089%	4h	0.7339	−0.014%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7343	+0.048%	$891K	$901K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7332	−0.102%	$367K	$252K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7335	−0.064%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7331	−0.129%	$255K	$72K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7338	−0.030%	$90.2M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7333	−0.095%	$48.9M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7332	−0.109%	$12.1M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7335	−0.068%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7339	−0.014%	$33.7M	$17.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7338	−0.031%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7330	−0.136%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7330	−0.136%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7344	+0.055%	$215K	$482K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7333	−0.094%	$2.1M	$371K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7325	−0.202%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7323	−0.232%	$65K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7346	+0.082%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7340	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	−0.082%	$243K	$117K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7340	long leg	$367K	$640K	25x
edgeX ASTERUSDC	+0.0119%	4h	0.7318	−0.295%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7346	+0.079%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7335	−0.065%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7341	+0.014%	$3.5M	$1.9M	75x	as long as short