Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: ApeX Omni against KuCoin+0.122%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$740.740% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.122%, 7d avg +0.018%

Together, before fees+0.095%+$9 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 0.104% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7486	0.0100	pay 0.0050% / 4h	43m 37s	$11.1M	$3.1M	75x
Short	ApeX Omni ASTERUSDT	0.7495	0.0100	get 0.0013% / 1h	43m 37s	$67K	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now +0.122%Rate

Funding earned: $0
Price spread: +0.122% → +0.018%: $10.39
Slippage, 4 orders: −$51.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$63.58
Costs to cover: 0.740%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 35 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 KuCoin live order book, 5 min ago	1.81 bp	19.2 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 35 min ago	6.74 bp	13.6 bp −$14	56.7 bp −$567	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	−0.0136%	1h	0.7487	+0.012%	$259K	$854K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7486	−0.001%	$57.1M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7483	−0.039%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7491	+0.073%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7492	+0.088%	$31K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7494	+0.114%	$339K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.281%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7486	+0.001%	$927K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7485	−0.012%	$375K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7486	+0.003%	$257K	$106K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7482	−0.052%	$91.7M	$107.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7483	−0.039%	$50.1M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7483	−0.039%	$12.1M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7487	+0.015%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7483	−0.039%	$35.3M	$16.5M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7486	long leg	$11.1M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7488	+0.028%	$18.4M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7485	−0.012%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7487	+0.017%	$268K	$328K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7479	−0.098%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7490	+0.055%	$464K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7495	+0.122%	$67K	$713K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7496	+0.135%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7497	+0.148%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7490	+0.055%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7490	+0.055%	$245K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7484	−0.031%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7488	+0.024%	$216K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7486	+0.001%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7493	+0.091%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7489	+0.041%	$3.5M	$1.9M	75x	as long as short
Hyperliquid ASTER	+0.0344%	1h	0.7492	+0.084%	$26.1M	$6.9M	5x	as long as short