Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: GRVT against Bybit+0.079%100s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.409% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.079%, 7d avg +0.015%

Together, before fees+0.032%+ Points / potential airdropGRVT: Active · farm board+$3 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: GRVT is 0.064% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7437	0.0100	pay 0.0050% / 4h	11m 53s	$49.7M	$22.1M	75x
Short	GRVT ASTER_USDT_Perp	0.7443	0.0100	get 0.0050% / 4h	11m 53s	$464K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.015%: $6.41
Slippage, 4 orders: −$20.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$34.51
Costs to cover: 0.409%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; GRVT: live order book, 2 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 Bybit live order book, 2 min ago	0.67 bp	10.9 bp −$11	43.8 bp −$438	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	0.67 bp	12.6 bp −$13	19.0 bp −$190	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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7447	+0.128%	$260K	$855K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7440	+0.040%	$56.6M	$100.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7439	+0.026%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7439	+0.027%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7439	+0.022%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7442	+0.061%	$336K	$486K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.632%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7442	+0.073%	$922K	$884K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7439	+0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7443	+0.081%	$372K	$268K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7439	+0.033%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7440	+0.045%	$91.2M	$107.6M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7437	long leg	$49.7M	$22.1M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7442	+0.067%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7440	+0.040%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7440	+0.040%	$35.1M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7441	+0.056%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7440	+0.040%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7439	+0.027%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7436	−0.012%	$219K	$400K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7449	+0.167%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7443	+0.079%	$464K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7455	+0.242%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7449	+0.161%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7437	0.000%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	+0.067%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7443	+0.082%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7450	+0.168%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7441	+0.054%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7442	+0.063%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0333%	1h	0.7447	+0.140%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7441	+0.054%	$3.5M	$1.9M	75x	as long as short