Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.025%

Price spread now: GRVT against Deribit−0.090%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.257%+$26 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.090% cheaper against Deribit than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ASTER_USDC-PERPETUAL	0.7350	0	get 0.0000% / 1h	32m 27s	$11K	$86K	25x
Short	GRVT ASTER_USDT_Perp	0.7343	0.0100	get 0.0050% / 4h	2h 32m	$452K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Deribit. 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 DeribitbpFee GRVTbpOrdersPrice spread, now −0.090%Rate

Funding earned: $21
Price spread: −0.090% → 0.000%: −$9
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$4
Costs to cover: 0.160%
Break-even: 8.3 days

Slippage unknown: Deribit: no order-book sample; GRVT: live order book, 2 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell GRVT live order book, 2 min ago	1.36 bp	12.0 bp −$12	29.3 bp −$293	doesn't fit	doesn't fit

Deribit: 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 31 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	−0.0080%	1h	0.7330	−0.261%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7364	+0.191%	$55.3M	$101.5M	200x	as long as short
Deribit ASTER_USDC-PERPETUALlong	0.0000%	1h	0.7350	long leg	$11K	$86K	25x
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7349	−0.015%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.548%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7370	+0.276%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7350	+0.004%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7366	+0.226%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7371	+0.295%	$367K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7368	+0.246%	$252K	$71K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7367	+0.240%	$90.2M	$110.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7365	+0.208%	$49.2M	$22.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7373	+0.317%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7360	+0.140%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7364	+0.195%	$34.6M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7365	+0.208%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7371	+0.290%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7366	+0.222%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7349	−0.011%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7345	−0.059%	$2.1M	$378K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7343	−0.090%	$452K	$3.9M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.105%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7349	−0.010%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7350	+0.004%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7354	+0.059%	$244K	$116K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7363	+0.180%	$367K	$640K	25x	as long as short
Hyperliquid ASTER	+0.0112%	1h	0.7376	+0.362%	$25.5M	$6.6M	5x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7340	−0.137%	$212K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0172%	1h	0.7368	+0.247%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7351	+0.016%	$338K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7349	−0.013%	$28K	—	100x	as long as short