Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against MEXC−0.069%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on MEXC Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.069%, 7d avg +0.022%

Together, before fees+0.300%+$30 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 0.092% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7231	0.0100	pay 0.0050% / 4h	1h 07m	$32.3M	$22.5M	100x
Short	ApeX Omni ASTERUSDT	0.7226	0.0100	get 0.0013% / 1h	7m 01s	$46K	$747K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → +0.022%: −$9.16
Slippage, 4 orders: −$15.28
Fee MEXC: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$34.44
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 40 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 MEXC live order book, 5 min ago	0.69 bp	1.4 bp −$1	5.8 bp −$58	27.2 bp −$2,720	114.8 bp −$57.4K
Sell ApeX Omni live order book, 40 min ago	4.84 bp	10.4 bp −$10	54.9 bp −$549	doesn't fit	doesn't fit

ASTER on 32 exchanges

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
Deribit ASTER_USDC-PERPETUAL	−0.0082%	1h	0.7221	−0.140%	$11K	$41K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7227	−0.050%	$49.9M	$104.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7227	−0.058%	$14K	$4K	5x	as long as short
Coinbase International ASTER-PERP-INTX	0.0000%	1h	0.7223	−0.113%	$249K	$1.2M	50x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7228	−0.043%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.199%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0040%	1h	0.7230	−0.014%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0067%	4h	0.7220	−0.152%	$13K	$2K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7230	−0.007%	$867K	$439K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7231	0.000%	$346K	$233K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7233	+0.026%	$25.0M	$6.8M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7229	−0.022%	$264K	$105K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7228	−0.041%	$92.3M	$123.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7228	−0.041%	$49.1M	$24.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7227	−0.055%	$12.5M	$21.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7225	−0.083%	$6.4M	$4.5M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7231	long leg	$32.3M	$22.5M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7225	−0.077%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7225	−0.083%	$17.7M	$7.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7228	−0.041%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7230	−0.008%	$211K	$459K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7216	−0.212%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7228	−0.041%	$447K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7226	−0.069%	$46K	$747K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7239	+0.111%	$2K	$1.5M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7224	−0.097%	$13K	$6K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7227	−0.055%	$248K	$170K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7223	−0.115%	$362K	$598K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7225	−0.086%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0251%	1h	0.7226	−0.065%	$336K	$647K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0219%	1h	0.7230	−0.013%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7225	−0.083%	$3.6M	$1.8M	75x	as long as short