Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: MEXC against ApeX Omni−0.308%96s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as 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−$300.301% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.185%+$18 · spread now −0.308%, 7d avg −0.024%

Together, before fees+0.122%+$12 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: MEXC is 0.284% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 96 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	ApeX Omni ASTERUSDT	0.7466	0.0100	pay 0.0013% / 1h	23m 52s	$67K	$714K	50x
Short	MEXC ASTER_USDT	0.7443	0.0100	get 0.0050% / 4h	23m 52s	$35.1M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.308%Rate

Funding earned: $0
Price spread: −0.308% → −0.024%: −$28.43
Slippage, 4 orders: −$20.07
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$58.5
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; MEXC: live order book, 5 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, 55 min ago	6.74 bp	13.6 bp −$14	53.4 bp −$534	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.67 bp	2.2 bp −$2	4.6 bp −$46	24.1 bp −$2,413	136.7 bp −$68.3K

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	0.7466	0.000%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7440	−0.348%	$56.7M	$100.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7445	−0.281%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7438	−0.376%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7442	−0.317%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7444	−0.288%	$336K	$485K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.018%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7439	−0.359%	$921K	$884K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7445	−0.281%	$373K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7445	−0.286%	$255K	$104K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7440	−0.351%	$91.1M	$107.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7441	−0.335%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7439	−0.362%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7444	−0.295%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7443	−0.308%	$35.1M	$16.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7443	−0.311%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7434	−0.429%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7440	−0.348%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7434	−0.427%	$230K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7453	−0.179%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7458	−0.104%	$460K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7466	long leg	$67K	$714K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7448	−0.241%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7448	−0.241%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7439	−0.362%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7444	−0.295%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7443	−0.302%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7464	−0.027%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7443	−0.308%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7441	−0.328%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7442	−0.321%	$3.5M	$1.9M	75x	as long as short
Hyperliquid ASTER	+0.0350%	1h	0.7445	−0.284%	$25.9M	$6.9M	5x	as long as short