Settings8H · net · $10k
Funding arb · Price arb /

STABLE

all STABLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0361%/8h= −39.5% APRnext payment $1.80 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against Variational Omni−0.162%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.162% cheaper against Variational Omni than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STABLE0.024730.0100pay 0.0050% / 4h2h 46m$145K$51K
ShortAster STABLEUSDT0.02469−0.0261pay 0.0130% / 4h2h 46m$19K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$75.76
Price spread: −0.162% → 0.000%
−$16.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$99.98
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 42 min ago6.03 bpdoesn't fit392.1 bp −$3,921doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STABLEUSDTshort−0.0261%4h0.02469−0.162%$19K$7K20x
Lighter STABLE+0.0096%1h0.02488+0.622%$114K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02472−0.033%$872K$234K3xas long as short
Binance STABLEUSDT+0.0100%4h0.02471−0.073%$2.4M$2.7M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02472−0.041%$1.5M$819K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02474+0.040%$204K$417K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02472−0.041%$171K$87K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02472−0.041%$659K$156K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02478+0.202%$175K$27K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02475+0.080%$291K$117K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02474+0.040%$6.5Mas long as short
Variational Omni STABLElong+0.0100%4h0.02473long leg$145K$51K
SunX STABLE-USDT+0.0100%4h0.02471−0.085%$1K$643K20xas long as short
Extended STABLE-USD+0.0104%1h0.02472−0.051%$12K$175K10xas long as short
BloFin STABLE-USDT+0.0119%4h0.02469−0.162%$114K$8K75xas long as short