Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.064%

Price spread now: ApeX Omni against Hyperliquid+0.088%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on Hyperliquid Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.088%, 7d avg −0.076%

Together, before fees−0.166%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 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: ApeX Omni is 0.164% dearer against Hyperliquid than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ASTER	0.7312	0.0100	pay 0.0013% / 1h	17m 33s	$25.0M	$8.1M	5x
Short	ApeX Omni ASTERUSDT	0.7318	0.0100	get 0.0013% / 1h	17m 33s	$99K	$736K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. 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 HyperliquidbpFee ApeX OmnibpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.076%: $16.36
Slippage, 4 orders: −$20.36
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23
Costs to cover: 0.394%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 6 min ago; ApeX Omni: live order book, 31 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 Hyperliquid live order book, 6 min ago	1.38 bp	7.8 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 31 min ago	6.19 bp	12.3 bp −$12	55.4 bp −$554	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	−0.0048%	1h	0.7307	−0.059%	$277K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7310	−0.022%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7311	−0.009%	$52.4M	$113.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7304	−0.110%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7309	−0.040%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7311	−0.011%	$24K	—	150x	as long as short
Extended ASTER-USD	+0.0024%	1h	0.7311	−0.012%	$364K	$643K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.072%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7310	−0.022%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7308	−0.048%	$885K	$927K	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	0.7313	+0.026%	$342K	$286K	5x	as long as short
Hyperliquid ASTERlong	+0.0100%	1h	0.7312	long leg	$25.0M	$8.1M	5x
Pacifica ASTER	+0.0100%	1h	0.7308	−0.055%	$257K	$106K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7309	−0.036%	$91.5M	$126.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7311	−0.008%	$49.2M	$25.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7315	+0.047%	$12.5M	$21.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7305	−0.090%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7311	−0.008%	$34.3M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7308	−0.052%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7319	+0.101%	$17.8M	$8.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7310	−0.022%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7310	−0.016%	$208K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	−0.798%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7318	+0.087%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7318	+0.088%	$99K	$736K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7321	+0.129%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7309	−0.036%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7313	+0.019%	$243K	$170K	20x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7257	−0.745%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0296%	1h	0.7313	+0.014%	$337K	$640K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7311	−0.008%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7314	+0.033%	$3.5M	$2.0M	75x	as long as short