Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%

Price spread now: Variational Omni against Nado−0.255%7-day average −0.078% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.075%−$8 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.255%, 7d avg −0.078%

Together, before fees−0.030%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$3 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: Variational Omni is 0.177% cheaper against Nado than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7470	0.0100	pay 0.0012% / 1h	9m 49s	$374K	$254K	5x
Short	Variational Omni ASTER	0.7451	0.0100	get 0.0050% / 4h	3h 09m	$2.1M	$370K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpFee Variational OmnibpOrdersPrice spread, now −0.255%Rate

Funding earned: $0
Price spread: −0.255% → −0.078%: −$17.7
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$24.7
Costs to cover: 0.070%
Break-even: 2537614008754124.0 days

Slippage unknown: Nado: live order book, 63 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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 Nado live order book, 63 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	4.02 bp	doesn't fit	45.6 bp −$456	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	−0.0080%	1h	0.7456	−0.190%	$265K	$852K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7469	−0.015%	$56.5M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7470	−0.007%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7467	−0.041%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7470	+0.001%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−1.075%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7470	−0.001%	$343K	$496K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7476	+0.079%	$922K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7475	+0.063%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7476	+0.076%	$14K	$845	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERPlong	+0.0100%	1h	0.7470	long leg	$374K	$254K	5x
Pacifica ASTER	+0.0100%	1h	0.7472	+0.019%	$256K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7471	+0.013%	$91.9M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7472	+0.023%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7474	+0.050%	$12.2M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7471	+0.009%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7470	−0.004%	$35.6M	$17.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7470	+0.001%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7471	+0.009%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7473	+0.036%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7471	+0.008%	$218K	$450K	10x	as long as short
Variational Omni ASTERshort	+0.0100%	4h	0.7451	−0.255%	$2.1M	$370K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7461	−0.131%	$463K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7460	−0.138%	$67K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7478	+0.103%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7465	−0.071%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7468	−0.031%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7471	+0.007%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7455	−0.205%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0222%	1h	0.7482	+0.157%	$26.0M	$6.4M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0306% / S −0.0215%	1h	0.7471	+0.005%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7457	−0.178%	$3.5M	$1.8M	75x	as long as short