Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.030%

Price spread now: GRVT against dYdX+0.005%50s7-day average — · you sell dearer than you buy

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

Long on dYdX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds 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: +$3 a day on $10k at the current rate. The two prices were read 50 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	dYdX ASTER-USD	0.7421	0	get 0.0000% / 1h	57m 54s	$13K	$61	5x
Short	GRVT ASTER_USDT_Perp	0.7421	0.0100	get 0.0050% / 4h	2h 57m	$465K	$4.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against dYdX. 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 dYdXbpFee GRVTbpOrdersPrice spread, now +0.005%Rate

Funding earned: $21
Price spread: +0.005% → 0.000%: $0.52
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $2.52
Costs to cover: 0.190%
Break-even: 6.2 days

Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 1 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 dYdX no order-book sample	—	—	—	—	—
Sell GRVT live order book, 1 min ago	0.67 bp	11.4 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit

dYdX: 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	−0.0160%	1h	0.7417	−0.053%	$254K	$840K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.593%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7409	−0.162%	$57.0M	$100.3M	200x	as long as short
dYdX ASTER-USDlong	0.0000%	1h	0.7421	long leg	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7413	−0.108%	$11K	$118K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7413	−0.103%	$30K	—	150x	as long as short
Lighter ASTER	+0.0096%	1h	0.7415	−0.078%	$896K	$810K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7419	−0.027%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7417	−0.057%	$368K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7417	−0.055%	$254K	$109K	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	0.7408	−0.175%	$91.0M	$106.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7411	−0.135%	$49.2M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7410	−0.148%	$11.9M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7410	−0.148%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7405	−0.216%	$33.8M	$16.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7409	−0.155%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7404	−0.229%	$18.1M	$6.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7409	−0.162%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7415	−0.080%	$281K	$297K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	+0.116%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7421	+0.005%	$465K	$4.0M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7421	0.000%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7415	−0.081%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7411	−0.135%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7416	−0.067%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7407	−0.193%	$379K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7421	−0.005%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0120%	1h	0.7414	−0.094%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7416	−0.065%	$288K	$418K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7411	−0.133%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7412	−0.121%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0345%	1h	0.7418	−0.036%	$26.0M	$6.9M	5x	as long as short