Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against ApeX Omni−0.062%61s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$430.434% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.062%, 7d avg +0.012%

Together, before fees+0.118%+ Points / potential airdropNado: Active · farm board+$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: Nado is 0.074% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 61 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	0.7250	0.0100	pay 0.0013% / 1h	17m 55s	$95K	$725K	50x
Short	Nado ASTER-PERP	0.7246	0.0100	get 0.0012% / 1h	17m 55s	$347K	$238K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.062%Rate

Funding earned: $0
Price spread: −0.062% → +0.012%: −$7.39
Slippage, 4 orders: −$26.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.83
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 34 min ago; Nado: live order book, 33 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, 34 min ago	4.85 bp	11.1 bp −$11	47.7 bp −$477	doesn't fit	doesn't fit
Sell Nado live order book, 33 min ago	3.05 bp	10.4 bp −$10	31.4 bp −$314	doesn't fit	doesn't fit

ASTER on 32 exchanges

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
Aster ASTERUSDT	0.0000%	4h	0.7243	−0.097%	$50.3M	$106.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7246	−0.057%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7245	−0.065%	$11K	$41K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7243	−0.100%	$28K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0008%	1h	0.7247	−0.048%	$247K	$1.2M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.931%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0056%	1h	0.7251	+0.020%	$338K	$585K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7247	−0.041%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7250	0.000%	$873K	$437K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7246	−0.062%	$347K	$238K	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7252	+0.030%	$24.8M	$7.0M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7246	−0.057%	$254K	$94K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7244	−0.083%	$91.5M	$123.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7242	−0.110%	$49.1M	$25.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7245	−0.069%	$12.4M	$21.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7243	−0.097%	$6.3M	$4.4M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7246	−0.055%	$33.7M	$22.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7245	−0.073%	$11.0M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7245	−0.069%	$17.7M	$7.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7244	−0.083%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7249	−0.015%	$208K	$465K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7242	−0.110%	$2.1M	$410K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7250	+0.003%	$451K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7250	long leg	$95K	$725K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7258	+0.110%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7247	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7244	−0.083%	$242K	$153K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7244	−0.085%	$363K	$626K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7248	−0.030%	$210K	$2.1M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7252	+0.028%	$6K	$7K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0302% / S −0.0215%	1h	0.7242	−0.108%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7243	−0.097%	$3.6M	$2.0M	75x	as long as short