Funding arb · Price arb /

VIRTUAL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni−0.192%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$640.639% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.033%+$3 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.192%, 7d avg +0.006%

Together, before fees+0.007%+ Points / potential airdropAster: Stage 5 · farm board+$1 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: Aster is 0.198% cheaper against ApeX Omni than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni VIRTUALUSDT	0.7130	0.0100	pay 0.0013% / 1h	49m 27s	$40K	$240K	50x
Short	Aster VIRTUALUSDT	0.7116	0.0100	get 0.0050% / 4h	49m 27s	$97K	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.192%Rate

Funding earned: $0
Price spread: −0.192% → +0.006%: −$19.83
Slippage, 4 orders: −$45.88
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$83.72
Costs to cover: 0.639%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 7 min ago; Aster: live order book, 7 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 ApeX Omni live order book, 7 min ago	6.27 bp	15.0 bp −$15	111.4 bp −$1,114	doesn't fit	doesn't fit
Sell Aster live order book, 7 min ago	11.15 bp	18.7 bp −$19	144.2 bp −$1,442	doesn't fit	doesn't fit

VIRTUAL on 33 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
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7100	−0.423%	$24	—	10x	as long as short
01 Exchange VIRTUALUSD	−0.0104%	1h	0.7099	−0.435%	$2K	$131	10x	as long as short
Lighter VIRTUAL	−0.0064%	1h	0.7108	−0.310%	$323K	$413K	5x	as long as short
Phoenix VIRTUAL	−0.0034%	1h	0.7137	+0.094%	$11K	$37K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0031%	1h	0.7125	−0.070%	$15K	$40K	10x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0005%	1h	0.7126	−0.051%	$14K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.182%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0089%	4h	0.7122	−0.112%	$14K	$1.5M	10x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	0.7124	−0.088%	$8.7M	$4.1M	5x	as long as short
Aster VIRTUALUSDTshort	+0.0100%	4h	0.7116	−0.192%	$97K	$292K	20x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VIRTUAL	+0.0100%	1h	0.7116	−0.193%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7104	−0.365%	$16.1M	$40.4M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7104	−0.365%	$16.4M	$18.3M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7105	−0.351%	$2.8M	$9.7M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7108	−0.309%	$1.5M	$3.3M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7107	−0.323%	$17.7M	$4.2M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7108	−0.309%	$2.9M	$4.3M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7104	−0.365%	$6.1M	$5.8M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7108	−0.309%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7121	−0.126%	$236K	$205K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7124	−0.088%	$531K	$909K	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7153	+0.320%	$19K	$260K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7148	+0.246%	$634K	$868K	10x	as long as short
ApeX Omni VIRTUALUSDTlong	+0.0100%	1h	0.7130	long leg	$40K	$240K	50x
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7108	−0.313%	$68K	$1.0M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7123	−0.098%	$1K	$1.3M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7121	−0.126%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7106	−0.342%	$55K	$267K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7124	−0.080%	$18K	—	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0315% / S −0.0266%	1h	0.7126	−0.063%	$33K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7128	−0.028%	$805K	$890K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0416%	1h	0.7179	+0.687%	$207K	$98K	50x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0804%	1h	0.7132	+0.032%	$593K	$663K	50x	as long as short