Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against GRVT−0.109%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.075%+$8 · spread now −0.109%, 7d avg −0.009%

Together, before fees+0.041%+ Points / potential airdropGRVT: Active · farm board+$4 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: Bybit is 0.100% cheaper against GRVT than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7337	0.0100	pay 0.0050% / 4h	43m 28s	$450K	$4.2M	10x
Short	Bybit ASTERUSDT	0.7329	0.0100	get 0.0050% / 4h	43m 28s	$49.5M	$26.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → −0.009%: −$9.98
Slippage, 4 orders: −$26.09
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$56.07
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from GRVT: live order book, 6 min ago; Bybit: 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 GRVT live order book, 6 min ago	0.68 bp	13.2 bp −$13	21.5 bp −$215	5496.1 bp −$549.6K	67447.1 bp −$33.72M
Sell Bybit live order book, 5 min ago	0.68 bp	10.1 bp −$10	38.8 bp −$388	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
Aster ASTERUSDT	0.0000%	4h	0.7327	−0.131%	$51.9M	$115.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7331	−0.088%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7334	−0.045%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7334	−0.040%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7332	−0.068%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.722%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0085%	4h	0.7328	−0.123%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7336	−0.015%	$887K	$921K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7335	−0.027%	$347K	$297K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7330	−0.091%	$258K	$114K	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	0.7329	−0.103%	$92.7M	$132.1M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7329	−0.109%	$49.5M	$26.5M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7331	−0.082%	$12.5M	$22.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7331	−0.082%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7330	−0.095%	$34.8M	$20.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7331	−0.082%	$11.2M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7330	−0.095%	$18.0M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7333	−0.055%	—	$10.1M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7340	+0.042%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7337	long leg	$450K	$4.2M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	0.000%	$99K	$737K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7344	+0.095%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7332	−0.068%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7334	−0.041%	$245K	$202K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7345	+0.103%	$214K	$2.2M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7333	−0.050%	$367K	$651K	25x	as long as short
Backpack ASTER_USDC_PERP	+0.0160%	1h	0.7333	−0.048%	$210K	$490K	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7333	−0.055%	$6K	$7K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7332	−0.074%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0336%	1h	0.7340	+0.038%	$25.0M	$8.1M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7336	−0.014%	$3.6M	$2.0M	75x	as long as short
Kraken Futures PF_ASTERUSD	+0.0763%	1h	0.7338	+0.008%	$338K	$672K	20x	as long as short