Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0818%/8h= +89.6% APRpaid last 24h −0.020%

Price spread now: GRVT against ApeX Omni+0.199%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$440.445% of the position

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 3 days (all we have)−0.257%−$26 · spread now +0.199%, 7d avg −0.035%

Together, before fees−0.336%+ Points / potential airdropGRVT: Active · farm board−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and GRVT is 0.233% dearer against ApeX Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7343	−0.0718	get 0.0090% / 1h	54m 32s	$65K	$715K	50x
Short	GRVT ASTER_USDT_Perp	0.7358	0.0100	get 0.0050% / 4h	2h 54m	$453K	$3.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.199%Rate

Funding earned: $171.88
Price spread: +0.199% → −0.035%: $23.34
Slippage, 4 orders: −$25.47
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $150.74
Costs to cover: 0.445%
Break-even: 0.9 days

Slippage from ApeX Omni: live order book, 14 min ago; GRVT: live order book, 4 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, 14 min ago	6.70 bp	12.2 bp −$12	58.6 bp −$586	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	1.36 bp	11.0 bp −$11	32.4 bp −$324	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
ApeX Omni ASTERUSDTlong	−0.0718%	1h	0.7343	long leg	$65K	$715K	50x
Deribit ASTER_USDC-PERPETUAL	−0.0132%	1h	0.7322	−0.287%	$11K	$86K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7320	−0.315%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7318	−0.344%	$55.3M	$100.8M	200x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7319	−0.327%	$8K	$4K	10x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7325	−0.251%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.640%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7328	−0.204%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7328	−0.206%	$890K	$897K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7326	−0.232%	$366K	$256K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7332	−0.150%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7329	−0.190%	$251K	$70K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7322	−0.284%	$89.7M	$109.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7322	−0.286%	$48.8M	$22.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7329	−0.191%	$12.0M	$18.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7326	−0.232%	$6.4M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7328	−0.204%	$35.1M	$17.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7326	−0.229%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7326	−0.232%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7323	−0.272%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7321	−0.300%	$213K	$462K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7328	−0.206%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7358	+0.199%	$453K	$3.7M	10x
SunX ASTER-USDT	+0.0100%	4h	0.7322	−0.286%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7321	−0.300%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7326	−0.232%	$239K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7323	−0.268%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7354	+0.145%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0229%	1h	0.7327	−0.213%	$337K	$499K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7323	−0.277%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7322	−0.286%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0929%	1h	0.7326	−0.234%	$14K	$1K	5x	as long as short