Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: GRVT against Extended+0.075%72s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as 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−$350.346% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.075%, 7d avg −0.016%

Together, before fees−0.084%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$8 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 0.091% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 72 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	Extended ASTER-USD	0.7251	0.0104	pay 0.0013% / 1h	44m 07s	$362K	$635K	25x
Short	GRVT ASTER_USDT_Perp	0.7256	0.0100	get 0.0050% / 4h	2h 44m	$454K	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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 ExtendedbpFee GRVTbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$0.84
Price spread: +0.075% → −0.016%: $9.14
Slippage, 4 orders: −$20.56
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$26.26
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; GRVT: live order book, 5 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 Extended live order book, 4 min ago	2.96 bp	6.0 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	0.69 bp	10.3 bp −$10	19.7 bp −$197	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
Deribit ASTER_USDC-PERPETUAL	−0.0053%	1h	0.7249	−0.023%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7245	−0.082%	$269K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7247	−0.049%	$52.1M	$112.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7247	−0.053%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7251	+0.002%	$23K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7252	+0.020%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.923%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0055%	4h	0.7253	+0.034%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7252	+0.018%	$877K	$918K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7255	+0.061%	$341K	$287K	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	0.7255	+0.060%	$253K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7246	−0.063%	$89.7M	$122.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7247	−0.049%	$48.8M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7250	−0.008%	$12.4M	$20.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7249	−0.022%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7244	−0.090%	$33.8M	$20.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7248	−0.038%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7249	−0.022%	$17.7M	$7.9M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7249	−0.022%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7252	+0.023%	$210K	$486K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7244	−0.087%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7256	+0.075%	$454K	$4.1M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7255	+0.061%	$98K	$734K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7258	+0.103%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7246	−0.063%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7256	+0.075%	$241K	$143K	20x	as long as short
Extended ASTER-USDlong	+0.0104%	1h	0.7251	long leg	$362K	$635K	25x
edgeX ASTERUSDC	+0.0113%	4h	0.7256	+0.071%	$212K	$2.1M	10x	as long as short
Hyperliquid ASTER	+0.0116%	1h	0.7256	+0.076%	$24.8M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0298%	1h	0.7251	+0.012%	$336K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7252	+0.013%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7245	−0.077%	$3.5M	$2.1M	75x	as long as short