Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.034%

Price spread now: GMX against BloFin−0.006%7-day average — · you buy dearer than you sell

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

Long on BloFin 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7465	0.0340	pay 0.0170% / 4h	28m 46s	$3.5M	$1.9M	75x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7465	L +0.0305% / S −0.0215%	get 0.0027% / 1h	28m 46s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against BloFin. 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 BloFinbpFee GMXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$26.34
Price spread: −0.006% → 0.000%: −$0.6
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$50.94
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago	1.34 bp	7.9 bp −$8	12.0 bp −$120	36.9 bp −$3,694	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	0.7466	+0.013%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7464	−0.017%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7464	−0.016%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7469	+0.052%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7465	+0.005%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7474	+0.114%	$338K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.005%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7466	+0.019%	$925K	$884K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7464	−0.013%	$374K	$268K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7467	+0.022%	$256K	$104K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7464	−0.019%	$91.4M	$107.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7464	−0.013%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7468	+0.040%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7468	+0.040%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7469	+0.054%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7468	+0.042%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7462	−0.040%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7466	+0.013%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7465	+0.001%	$231K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7466	+0.009%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7466	+0.012%	$460K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7469	+0.054%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7470	+0.067%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7475	+0.134%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7468	+0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7467	+0.027%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7470	+0.062%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7466	+0.014%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7471	+0.080%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0305% / S −0.0215%	1h	0.7465	−0.006%	$28K	—	100x
BloFin ASTER-USDTlong	+0.0340%	4h	0.7465	long leg	$3.5M	$1.9M	75x
Hyperliquid ASTER	+0.0349%	1h	0.7473	+0.102%	$26.0M	$6.9M	5x	as long as short