Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against GRVT−0.014%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days−0.092%−$9 · spread now −0.014%, 7d avg −0.027%

Together, before fees−0.097%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7331	0.0100	pay 0.0050% / 4h	57m 26s	$449K	$3.8M	10x
Short	Bitget ASTERUSDT	0.7330	0.0100	get 0.0050% / 4h	57m 26s	$17.8M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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 GRVTbpFee BitgetbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.027%: $1.3
Slippage, 4 orders: −$22.02
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$41.72
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; Bitget: live order book, 1 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 GRVT live order book, 1 min ago	1.36 bp	6.9 bp −$7	21.7 bp −$217	9655.9 bp −$965.6K	88236.9 bp −$44.12M
Sell Bitget live order book, 1 min ago	2.04 bp	12.2 bp −$12	27.5 bp −$275	62.7 bp −$6,275	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
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7340	+0.126%	$277K	$886K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0036%	1h	0.7336	+0.066%	$11K	$71K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7328	−0.047%	$54.5M	$102.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7324	−0.098%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7335	+0.048%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.804%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0077%	4h	0.7330	−0.014%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7329	−0.029%	$893K	$909K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7326	−0.075%	$367K	$249K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7341	+0.132%	$25.4M	$6.5M	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	0.7328	−0.042%	$254K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7333	+0.021%	$90.1M	$111.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7333	+0.027%	$48.8M	$22.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7338	+0.095%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7330	−0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7327	−0.055%	$34.0M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7326	−0.066%	$10.8M	$3.2M	75x	as long as short
Bitget ASTERUSDTshort	+0.0100%	4h	0.7330	−0.014%	$17.8M	$6.7M	50x
BingX ASTER-USDT	+0.0100%	4h	0.7335	+0.054%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7334	+0.039%	$218K	$487K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7321	−0.137%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7331	long leg	$449K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7322	−0.123%	$84K	$722K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7356	+0.340%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7335	+0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7350	+0.259%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7323	−0.105%	$365K	$638K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7326	−0.069%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7318	−0.173%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0281%	1h	0.7337	+0.083%	$337K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7334	+0.047%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7338	+0.095%	$3.5M	$1.9M	75x	as long as short