Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%

Price spread now: ApeX Omni against Variational Omni+0.018%58s7-day average +0.063% · you sell dearer than you buy

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

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.093%+$9 on $10k

Price spread, last 3 days (all we have)+0.101%+$10 · spread now +0.018%, 7d avg +0.063%

Together, before fees+0.194%+ Points / potential airdropVariational Omni: Active · farm board+$19 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 0.045% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 58 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	Variational Omni ASTER	0.7397	0.0100	pay 0.0050% / 4h	1h 32m	$2.1M	$366K	—
Short	ApeX Omni ASTERUSDT	0.7398	0.0100	get 0.0013% / 1h	32m 28s	$66K	$716K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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 Variational OmnibpFee ApeX OmnibpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → +0.063%: −$4.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$14.51
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; ApeX Omni: live order book, 51 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 Variational Omni RFQ quote, 2 min ago	4.06 bp	doesn't fit	41.9 bp −$419	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 51 min ago	4.71 bp	10.8 bp −$11	61.1 bp −$611	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	−0.0136%	1h	0.7405	+0.110%	$260K	$843K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7392	−0.057%	$56.5M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7401	+0.062%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7404	+0.098%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.180%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0096%	1h	0.7394	−0.035%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7397	+0.010%	$912K	$859K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7395	−0.023%	$370K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7395	−0.028%	$253K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7392	−0.059%	$90.5M	$106.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7391	−0.076%	$49.4M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7394	−0.036%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7394	−0.036%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7391	−0.076%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7391	−0.076%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7393	−0.049%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7393	−0.049%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7399	+0.037%	$263K	$325K	10x	as long as short
Variational Omni ASTERlong	+0.0100%	4h	0.7397	long leg	$2.1M	$366K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7396	−0.006%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDTshort	+0.0100%	1h	0.7398	+0.018%	$66K	$716K	50x
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7408	+0.153%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7409	+0.167%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7398	+0.018%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7397	+0.005%	$242K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7394	−0.040%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7394	−0.037%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7398	+0.018%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7403	+0.083%	$281K	$430K	20x	as long as short
Hyperliquid ASTER	+0.0163%	1h	0.7402	+0.078%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7403	+0.084%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7395	−0.022%	$3.4M	$1.9M	75x	as long as short