Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: KuCoin against ApeX Omni−0.142%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$710.714% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.142%, 7d avg −0.016%

Together, before fees−0.066%−$7 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: KuCoin is 0.126% cheaper against ApeX Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7370	0.0100	pay 0.0013% / 1h	49m 15s	$100K	$737K	50x
Short	KuCoin ASTERUSDTM	0.7359	0.0100	get 0.0050% / 4h	1h 49m	$10.8M	$3.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.142%Rate

Funding earned: $0
Price spread: −0.142% → −0.016%: −$12.6
Slippage, 4 orders: −$49.39
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$83.99
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 60 min ago; KuCoin: live order book, 9 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, 60 min ago	6.19 bp	12.0 bp −$12	50.8 bp −$508	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	3.66 bp	22.8 bp −$23	54.0 bp −$540	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	−0.0024%	1h	0.7361	−0.128%	$263K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7360	−0.131%	$52.7M	$116.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7363	−0.099%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7360	−0.140%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7360	−0.132%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.271%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7362	−0.104%	$343K	$667K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0058%	4h	0.7359	−0.149%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7363	−0.094%	$891K	$952K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7364	−0.075%	$341K	$297K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7364	−0.076%	$261K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7359	−0.150%	$93.1M	$131.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7362	−0.109%	$49.6M	$26.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7364	−0.081%	$12.6M	$22.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7359	−0.149%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7360	−0.136%	$35.4M	$20.8M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7359	−0.142%	$10.8M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7361	−0.122%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7365	−0.068%	—	$10.0M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7370	+0.004%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7372	+0.030%	$455K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7370	long leg	$100K	$737K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7369	−0.014%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7359	−0.149%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7364	−0.081%	$246K	$201K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7357	−0.176%	$369K	$653K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7366	−0.060%	$215K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0192%	1h	0.7363	−0.095%	$6K	$7K	10x	as long as short
Hyperliquid ASTER	+0.0284%	1h	0.7368	−0.034%	$25.2M	$8.2M	5x	as long as short
Backpack ASTER_USDC_PERP	+0.0300%	1h	0.7367	−0.039%	$210K	$501K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7361	−0.125%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7363	−0.095%	$3.6M	$2.1M	75x	as long as short