Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h −0.037%

Price spread now: Deribit against Variational Omni+0.116%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.116% dearer against Variational Omni than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ASTER	0.7274	0.0100	pay 0.0050% / 4h	3h 09m	$2.1M	$416K	—
Short	Deribit ASTER_USDC-PERPETUAL	0.7283	−0.0093	pay 0.0012% / 1h	9m 43s	$11K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Variational 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 Variational OmnibpFee DeribitbpOrdersPrice spread, now +0.116%Rate

Funding earned: −$40.57
Price spread: +0.116% → 0.000%: $11.61
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$35.96
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: no order-book sample. 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, 4 min ago	4.12 bp	doesn't fit	55.0 bp −$550	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit ASTER_USDC-PERPETUALshort	−0.0093%	1h	0.7283	+0.116%	$11K	$72K	25x
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7286	+0.160%	$255K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7289	+0.211%	$52.5M	$112.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7285	+0.145%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7284	+0.138%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7281	+0.094%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.593%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0063%	4h	0.7287	+0.177%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7285	+0.148%	$881K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7290	+0.219%	$363K	$273K	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	0.7280	+0.075%	$254K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7284	+0.132%	$90.2M	$122.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7290	+0.218%	$49.0M	$25.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7295	+0.287%	$12.5M	$20.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7283	+0.122%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7281	+0.094%	$33.9M	$20.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7283	+0.122%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7278	+0.053%	$17.7M	$7.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7282	+0.108%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7285	+0.142%	$209K	$497K	10x	as long as short
Variational Omni ASTERlong	+0.0100%	4h	0.7274	long leg	$2.1M	$416K	—
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7278	+0.053%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7281	+0.094%	$99K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7290	+0.218%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7280	+0.080%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7277	+0.039%	$242K	$143K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7277	+0.041%	$211K	$2.2M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7283	+0.128%	$365K	$635K	25x	as long as short
Hyperliquid ASTER	+0.0107%	1h	0.7290	+0.212%	$24.9M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7284	+0.135%	$337K	$609K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7282	+0.112%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7275	+0.012%	$3.5M	$2.1M	75x	as long as short