Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0204%/8h= −22.4% APRpaid last 24h −0.078%

Price spread now: Gate against GMX−0.010%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Gate

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ASTER/USD [WBTC.b-USDC]	0.7354	L +0.0304% / S −0.0215%	pay 0.0038% / 1h	22m 17s	$28K	—	100x
Short	Gate ASTER_USDT	0.7353	0.0100	get 0.0050% / 4h	1h 22m	$6.4M	$5.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GMX. 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 GMXbpFee GatebpOrdersPrice spread, now −0.010%Rate

Funding earned: −$42.91
Price spread: −0.010% → 0.000%: −$1.03
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$70.94
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Gate: 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 GMX no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	2.04 bp	19.1 bp −$19	34.9 bp −$349	135.3 bp −$13.5K	doesn't fit

GMX: 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	−0.0088%	1h	0.7347	−0.091%	$270K	$879K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7350	−0.053%	$54.7M	$101.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7345	−0.125%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7359	+0.071%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7355	+0.022%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7354	+0.009%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.493%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0084%	4h	0.7350	−0.051%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7358	+0.054%	$897K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7349	−0.058%	$368K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7364	+0.140%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7353	−0.008%	$256K	$72K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7354	+0.003%	$90.4M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7357	+0.044%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7355	+0.017%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7353	−0.010%	$6.4M	$5.3M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7354	+0.003%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	−0.031%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7354	+0.003%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7356	+0.030%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7344	−0.127%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7330	−0.323%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7326	−0.377%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7336	−0.242%	$65K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7365	+0.153%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7355	+0.017%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7350	−0.051%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7353	−0.010%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7332	−0.289%	$211K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7360	+0.080%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]long	L +0.0304% / S −0.0215%	1h	0.7354	long leg	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7342	−0.160%	$3.5M	$1.9M	75x	as long as short