Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.028%

Price spread now: dYdX against GRVT+0.119%50s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.119% dearer against GRVT than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7432	0.0100	pay 0.0050% / 4h	3h 42m	$462K	$3.7M	10x
Short	dYdX ASTER-USD	0.7441	0	get 0.0000% / 1h	42m 12s	$13K	$61	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$21
Price spread: +0.119% → 0.000%: $11.91
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$28.09
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 2 min ago; dYdX: no order-book sample. 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 GRVT live order book, 2 min ago	0.67 bp	13.9 bp −$14	21.5 bp −$215	4661.8 bp −$466.2K	63277.1 bp −$31.64M
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0080%	1h	0.7433	+0.013%	$264K	$864K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0067%	1h	0.7438	+0.085%	$215K	$404K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7443	+0.149%	$56.5M	$100.8M	200x	as long as short
dYdX ASTER-USDshort	0.0000%	1h	0.7441	+0.119%	$13K	$61	5x
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7442	+0.134%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7442	+0.131%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.565%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7445	+0.180%	$342K	$486K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7440	+0.108%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7446	+0.188%	$918K	$879K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7444	+0.162%	$372K	$261K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7445	+0.173%	$255K	$103K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7442	+0.141%	$91.3M	$108.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7443	+0.149%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7443	+0.149%	$12.0M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7441	+0.122%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7444	+0.162%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7443	+0.153%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7444	+0.162%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7442	+0.135%	—	$9.6M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7423	−0.116%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7432	long leg	$462K	$3.7M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7432	+0.001%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7451	+0.256%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7442	+0.135%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7440	+0.108%	$243K	$111K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7428	−0.056%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7443	+0.149%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7447	+0.202%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0242%	1h	0.7450	+0.241%	$25.9M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7442	+0.142%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7437	+0.068%	$3.5M	$1.9M	75x	as long as short