Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.003%

Price spread now: edgeX against ApeX Omni−0.033%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.033%, 7d avg −0.061%

Together, before fees−0.110%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.028% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7355	0.0100	pay 0.0013% / 1h	4m 32s	$66K	$714K	50x
Short	edgeX ASTERUSDC	0.7353	0.0116	get 0.0058% / 4h	2h 04m	$212K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against ApeX Omni. 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 ApeX OmnibpFee edgeXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $3.38
Price spread: −0.033% → −0.061%: $2.84
Slippage, 4 orders: −$19.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$32.53
Costs to cover: 0.387%
Break-even: 74.4 days

Slippage from ApeX Omni: live order book, 64 min ago; edgeX: live order book, 4 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 ApeX Omni live order book, 64 min ago	6.70 bp	12.2 bp −$12	58.6 bp −$586	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	2.04 bp	6.5 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit

ASTER on 31 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	0.7342	−0.174%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7372	+0.226%	$55.1M	$101.2M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7364	+0.128%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7381	+0.355%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.476%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7384	+0.394%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0084%	1h	0.7372	+0.228%	$15K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7365	+0.136%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7376	+0.291%	$896K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7381	+0.355%	$368K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7387	+0.432%	$25.6M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7378	+0.314%	$257K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7380	+0.346%	$90.5M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7380	+0.340%	$49.4M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7385	+0.408%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7375	+0.272%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7381	+0.354%	$33.7M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	+0.379%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7381	+0.354%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	+0.340%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7366	+0.154%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7360	+0.064%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	−0.143%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7355	long leg	$66K	$714K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7365	+0.136%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7365	+0.136%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7358	+0.041%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7381	+0.348%	$367K	$639K	25x	as long as short
edgeX ASTERUSDCshort	+0.0116%	4h	0.7353	−0.033%	$212K	$2.0M	10x
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7369	+0.188%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7380	+0.341%	$28K	—	100x	as long as short