Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%

Price spread now: Variational Omni against Nado−0.245%7-day average −0.077% · you buy dearer than you sell

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

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.078%−$8 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.245%, 7d avg −0.077%

Together, before fees+0.010%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$1 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 0.168% cheaper against Nado than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7402	0.0100	pay 0.0012% / 1h	27m 51s	$371K	$274K	5x
Short	Variational Omni ASTER	0.7384	0.0100	get 0.0050% / 4h	1h 27m	$2.1M	$366K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Nado. 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 NadobpFee Variational OmnibpOrdersPrice spread, now −0.245%Rate

Funding earned: $0
Price spread: −0.245% → −0.077%: −$16.82
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.82
Costs to cover: 0.070%
Break-even: 2447271500188336.0 days

Slippage unknown: Nado: live order book, 55 min ago; Variational Omni: RFQ quote, 1 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 Nado live order book, 55 min ago	1.01 bp	7.6 bp −$8	20.5 bp −$205	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	4.06 bp	doesn't fit	50.0 bp −$500	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	0.7393	−0.115%	$260K	$842K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0034%	1h	0.7386	−0.214%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7389	−0.175%	$56.5M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7388	−0.183%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.112%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0091%	1h	0.7398	−0.050%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7389	−0.176%	$912K	$868K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7402	long leg	$371K	$274K	5x
Pacifica ASTER	+0.0100%	1h	0.7400	−0.017%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7388	−0.186%	$90.4M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7387	−0.199%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7388	−0.186%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7390	−0.159%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7385	−0.226%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7388	−0.186%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7384	−0.240%	$18.1M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7388	−0.186%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7385	−0.227%	$262K	$325K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7384	−0.245%	$2.1M	$366K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7386	−0.218%	$454K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	+0.044%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7388	−0.186%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7406	+0.058%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7384	−0.240%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7395	−0.091%	$242K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7401	−0.007%	$213K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7385	−0.224%	$376K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7403	+0.017%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7387	−0.197%	$280K	$428K	20x	as long as short
Hyperliquid ASTER	+0.0158%	1h	0.7392	−0.134%	$25.6M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7386	−0.215%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7395	−0.091%	$3.4M	$1.9M	75x	as long as short