Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%

Price spread now: Binance against gTrade (Gains Network)−0.041%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Binance

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

Funding pays, the price is against you. Binance is 0.041% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ASTER/USD	0.7359	L +0.0006% / S −0.0010%	pay 0.0001% / 1h	8m 08s	$34K	—	150x
Short	Binance ASTERUSDT	0.7356	0.0100	get 0.0050% / 4h	2h 08m	$90.2M	$110.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.041%Rate

Funding earned: $19.72
Price spread: −0.041% → 0.000%: −$4.08
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.35
Costs to cover: 0.200%
Break-even: 8.5 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 5 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	0.68 bp	9.3 bp −$9	17.7 bp −$177	58.3 bp −$5,827	250.3 bp −$125.1K

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 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	0.7342	−0.235%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7355	−0.057%	$55.0M	$101.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7358	−0.023%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USDlong	L +0.0006% / S −0.0010%	1h	0.7359	long leg	$34K	—	150x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.415%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7354	−0.074%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0091%	1h	0.7351	−0.122%	$14K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0095%	4h	0.7351	−0.115%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7359	−0.008%	$894K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	−0.061%	$367K	$255K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7365	+0.068%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7348	−0.151%	$256K	$74K	10x	as long as short
Binance ASTERUSDTshort	+0.0100%	4h	0.7356	−0.041%	$90.2M	$110.7M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7354	−0.074%	$49.2M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7360	+0.007%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7354	−0.074%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7354	−0.074%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7353	−0.087%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7356	−0.047%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7358	−0.020%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7360	+0.007%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	−0.126%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.143%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7351	−0.115%	$66K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7354	−0.074%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7357	−0.034%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7344	−0.210%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7353	−0.084%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7350	−0.133%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7361	+0.015%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7357	−0.029%	$28K	—	100x	as long as short