Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.032%

Price spread now: GMX against Bitget−0.054%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.054% cheaper against Bitget than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTERUSDT	0.7434	0.0100	pay 0.0050% / 4h	1h 01m	$18.3M	$6.4M	50x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7430	L +0.0305% / S −0.0215%	get 0.0027% / 1h	1m 40s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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 BitgetbpFee GMXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $24.06
Price spread: −0.054% → 0.000%: −$5.43
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$5.37
Costs to cover: 0.240%
Break-even: 8.6 days

Slippage unknown: Bitget: live order book, 2 min ago; GMX: 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 Bitget live order book, 2 min ago	1.35 bp	10.6 bp −$11	21.7 bp −$217	68.9 bp −$6,892	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7406	−0.374%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7431	−0.034%	$56.8M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7429	−0.062%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7429	−0.072%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.592%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0048%	1h	0.7429	−0.068%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7436	+0.020%	$922K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7425	−0.121%	$372K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7434	−0.003%	$255K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7432	−0.023%	$91.0M	$106.9M	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	0.7434	0.000%	$49.8M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7430	−0.054%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7429	−0.067%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7434	0.000%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7433	−0.012%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDTlong	+0.0100%	4h	0.7434	long leg	$18.3M	$6.4M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7431	−0.040%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7429	−0.065%	$265K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7413	−0.276%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7419	−0.206%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7414	−0.269%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7430	−0.054%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7433	−0.013%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7429	−0.067%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7426	−0.108%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7427	−0.088%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7418	−0.218%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7429	−0.067%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7433	−0.010%	$336K	$489K	20x	as long as short
Hyperliquid ASTER	+0.0152%	1h	0.7439	+0.073%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0305% / S −0.0215%	1h	0.7430	−0.054%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7426	−0.108%	$3.5M	$1.9M	75x	as long as short