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: ApeX Omni against edgeX+0.033%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

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

Long on edgeX Short on ApeX Omni

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 against this trade now: funding costs $0 a day on $10k at the current rate, and ApeX Omni is 0.028% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.061%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7353	0.0116	pay 0.0058% / 4h	2h 04m	$212K	$2.0M	10x
Short	ApeX Omni ASTERUSDT	0.7355	0.0100	get 0.0013% / 1h	4m 23s	$66K	$714K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.033%Rate

Funding earned: −$3.38
Price spread: +0.033% → +0.061%: −$2.84
Slippage, 4 orders: −$19.74
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.96
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from edgeX: live order book, 5 min ago; ApeX Omni: live order book, 64 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 edgeX live order book, 5 min ago	2.04 bp	6.5 bp −$7	12.2 bp −$122	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 64 min ago	6.70 bp	13.4 bp −$13	55.0 bp −$550	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	−0.141%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7372	+0.259%	$55.1M	$101.2M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7364	+0.161%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7381	+0.388%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.509%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7384	+0.427%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0084%	1h	0.7372	+0.261%	$15K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7365	+0.169%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7376	+0.324%	$896K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7381	+0.388%	$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	+0.465%	$25.6M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7378	+0.347%	$257K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7380	+0.379%	$90.5M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7380	+0.373%	$49.4M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7385	+0.441%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7375	+0.305%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7381	+0.386%	$33.7M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	+0.412%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7381	+0.386%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	+0.373%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7366	+0.187%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7360	+0.097%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	−0.110%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7355	+0.033%	$66K	$714K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7365	+0.169%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7365	+0.169%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7358	+0.074%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7381	+0.381%	$367K	$639K	25x	as long as short
edgeX ASTERUSDClong	+0.0116%	4h	0.7353	long leg	$212K	$2.0M	10x
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7369	+0.221%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7380	+0.374%	$28K	—	100x	as long as short