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: ApeX Omni against KuCoin+0.186%82s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as 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−$710.714% of the position

Long on KuCoin Short on ApeX Omni

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)−0.083%−$8 · spread now +0.186%, 7d avg +0.016%

Together, before fees+0.022%+$2 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: ApeX Omni is 0.170% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 82 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	KuCoin ASTERUSDTM	0.7362	0.0100	pay 0.0050% / 4h	1h 53m	$10.9M	$3.3M	75x
Short	ApeX Omni ASTERUSDT	0.7376	0.0100	get 0.0013% / 1h	53m 54s	$100K	$737K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now +0.186%Rate

Funding earned: $0
Price spread: +0.186% → +0.016%: $16.96
Slippage, 4 orders: −$49.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$54.43
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 55 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 KuCoin live order book, 5 min ago	3.66 bp	24.2 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 55 min ago	6.19 bp	12.3 bp −$12	55.4 bp −$554	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	0.7366	+0.054%	$263K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7365	+0.031%	$52.8M	$116.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7362	−0.010%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7366	+0.043%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7364	+0.026%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.376%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7371	+0.112%	$341K	$664K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0057%	4h	0.7363	+0.010%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7369	+0.091%	$892K	$952K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7364	+0.021%	$342K	$296K	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	+0.027%	$261K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7366	+0.050%	$93.1M	$130.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7363	+0.010%	$49.5M	$26.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7365	+0.037%	$12.6M	$22.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7362	−0.004%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7363	+0.010%	$35.5M	$20.8M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7362	long leg	$10.9M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7363	+0.010%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7366	+0.050%	—	$10.0M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7363	+0.012%	$2.1M	$392K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7376	+0.182%	$457K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7376	+0.186%	$100K	$737K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7373	+0.145%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7366	+0.050%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7365	+0.037%	$246K	$200K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7363	+0.010%	$369K	$648K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7374	+0.159%	$215K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0192%	1h	0.7363	+0.010%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0258%	1h	0.7368	+0.072%	$210K	$500K	10x	as long as short
Hyperliquid ASTER	+0.0304%	1h	0.7373	+0.142%	$25.2M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	+0.023%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7369	+0.091%	$3.6M	$2.1M	75x	as long as short