Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against OKX−0.027%60s7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.455% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.027%, 7d avg +0.027%

Together, before fees+0.152%+$15 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 0.054% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTER-USDT-SWAP	0.7448	0.0100	pay 0.0050% / 4h	3h 28m	$12.0M	$18.2M	50x
Short	ApeX Omni ASTERUSDT	0.7446	0.0100	get 0.0013% / 1h	28m 36s	$66K	$714K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.027%: −$5.39
Slippage, 4 orders: −$25.45
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$50.84
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; ApeX Omni: live order book, 45 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 OKX live order book, 5 min ago	0.67 bp	11.3 bp −$11	20.8 bp −$208	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 45 min ago	6.72 bp	12.6 bp −$13	51.7 bp −$517	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	−0.0080%	1h	0.7442	−0.077%	$266K	$850K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7446	−0.024%	$56.5M	$99.5M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7449	+0.011%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7435	−0.171%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7438	−0.134%	$30K	—	150x	as long as short
Backpack ASTER_USDC_PERP	+0.0011%	1h	0.7439	−0.119%	$212K	$436K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.779%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7441	−0.101%	$341K	$488K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0092%	4h	0.7431	−0.228%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7455	+0.094%	$919K	$881K	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	0.7452	+0.049%	$372K	$254K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7450	+0.031%	$255K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7450	+0.030%	$91.6M	$107.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7445	−0.040%	$49.8M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7448	long leg	$12.0M	$18.2M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7452	+0.054%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7450	+0.027%	$35.7M	$16.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7449	+0.019%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7449	+0.013%	$18.3M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7450	+0.027%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7438	−0.130%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7444	−0.051%	$456K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7446	−0.027%	$66K	$714K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7445	−0.040%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7437	−0.148%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7436	−0.161%	$243K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7451	+0.046%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7442	−0.085%	$215K	$2.0M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7442	−0.081%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0233%	1h	0.7460	+0.162%	$25.9M	$6.6M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7435	−0.175%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7442	−0.081%	$3.5M	$1.9M	75x	as long as short