Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0093%/8h= −10.1% APRpaid last 24h −0.018%

Price spread now: gTrade (Gains Network) against Bybit+0.038%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on gTrade (Gains Network)

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 pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against Bybit than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7388	0.0100	pay 0.0050% / 4h	1h 53m	$49.5M	$22.0M	75x
Short	gTrade (Gains Network) ASTER/USD	0.7391	L +0.0006% / S −0.0007%	get 0.0001% / 1h	53m 47s	$30K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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 BybitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.038%Rate

Funding earned: −$19.43
Price spread: +0.038% → 0.000%: $3.8
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.62
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; gTrade (Gains Network): 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 Bybit live order book, 5 min ago	1.35 bp	12.1 bp −$12	40.7 bp −$407	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Deribit ASTER_USDC-PERPETUAL	−0.0210%	1h	0.7391	+0.042%	$11K	$87K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7390	+0.022%	$251K	$827K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7383	−0.072%	$56.5M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USDshort	L +0.0006% / S −0.0007%	1h	0.7391	+0.038%	$30K	—	150x
dYdX ASTER-USD	+0.0014%	1h	0.7403	+0.207%	$13K	$61	5x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.298%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7389	+0.011%	$909K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7397	+0.120%	$370K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7404	+0.215%	$254K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7386	−0.032%	$90.4M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDTlong	+0.0100%	4h	0.7388	long leg	$49.5M	$22.0M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7388	0.000%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7384	−0.054%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7388	0.000%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	−0.061%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7390	+0.027%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7387	−0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7384	−0.049%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7395	+0.093%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7380	−0.106%	$463K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7386	−0.027%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7397	+0.122%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7409	+0.284%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7387	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7388	0.000%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7387	−0.010%	$213K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7384	−0.057%	$376K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7402	+0.189%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7388	−0.006%	$284K	$420K	20x	as long as short
Hyperliquid ASTER	+0.0212%	1h	0.7392	+0.058%	$25.7M	$6.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7392	+0.057%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7399	+0.149%	$3.5M	$1.8M	75x	as long as short