Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.054%

Price spread now: HTX against GMX+0.116%7-day average — · you sell dearer than you buy

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

Long on GMX Short on HTX

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 pays, funding is against you. HTX is 0.116% dearer against GMX than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ASTER/USD [WBTC.b-USDC]	0.7304	L +0.0304% / S −0.0215%	pay 0.0038% / 1h	49m 27s	$28K	—	100x
Short	HTX ASTER-USDT	0.7312	0.0100	get 0.0050% / 4h	49m 27s	$242K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.116%Rate

Funding earned: −$42.8
Price spread: +0.116% → 0.000%: $11.62
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$55.18
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; HTX: live order book, 7 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 HTX live order book, 7 min ago	6.12 bp	14.5 bp −$15	doesn't fit	doesn't fit	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	−0.0072%	1h	0.7328	+0.330%	$277K	$884K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7300	−0.048%	$54.3M	$102.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7306	+0.030%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7305	+0.014%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7305	+0.025%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.184%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0078%	4h	0.7303	−0.007%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7307	+0.041%	$890K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7303	−0.004%	$366K	$249K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7303	−0.006%	$254K	$73K	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	0.7301	−0.034%	$89.9M	$111.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7304	+0.007%	$48.5M	$23.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7303	−0.007%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7302	−0.021%	$6.3M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7302	−0.021%	$33.3M	$18.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7303	−0.011%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7307	+0.048%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7300	−0.048%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7307	+0.046%	$214K	$485K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7305	+0.017%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7337	+0.459%	$449K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7310	+0.089%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7313	+0.130%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7304	+0.007%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7312	+0.116%	$242K	$117K	20x
Extended ASTER-USD	+0.0104%	1h	0.7302	−0.020%	$365K	$638K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7301	−0.034%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0108%	4h	0.7336	+0.451%	$213K	$2.0M	10x	as long as short
Hyperliquid ASTER	+0.0171%	1h	0.7309	+0.074%	$25.3M	$6.5M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0282%	1h	0.7308	+0.066%	$336K	$492K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]long	L +0.0304% / S −0.0215%	1h	0.7304	long leg	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7313	+0.130%	$3.5M	$1.8M	75x	as long as short