Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.052%

Price spread now: GMX against GRVT+0.083%7-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 GMX

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.083% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7429	0.0100	pay 0.0050% / 4h	59m 15s	$458K	$3.8M	10x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7435	L +0.0305% / S −0.0215%	get 0.0027% / 1h	59m 15s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.083%Rate

Funding earned: $24.06
Price spread: +0.083% → 0.000%: $8.32
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $11.38
Costs to cover: 0.210%
Break-even: 3.7 days

Slippage unknown: GRVT: live order book, 5 min ago; GMX: 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, 5 min ago	0.67 bp	10.6 bp −$11	18.3 bp −$183	5354.3 bp −$535.4K	66738.6 bp −$33.37M
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0136%	1h	0.7433	+0.054%	$260K	$844K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7436	+0.094%	$56.8M	$100.0M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7437	+0.102%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7436	+0.097%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7439	+0.140%	$336K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.525%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0047%	1h	0.7437	+0.107%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7441	+0.163%	$922K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7434	+0.074%	$372K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7438	+0.127%	$255K	$107K	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	0.7436	+0.094%	$91.1M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7437	+0.108%	$49.8M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7437	+0.108%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7435	+0.081%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7438	+0.121%	$34.6M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7438	+0.118%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7436	+0.094%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7436	+0.094%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7437	+0.110%	$265K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7427	−0.020%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7429	long leg	$458K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7422	−0.094%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7438	+0.121%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7442	+0.175%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7436	+0.094%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7434	+0.067%	$243K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7424	−0.071%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7434	+0.061%	$378K	$635K	25x	as long as short
01 Exchange ASTERUSD	+0.0184%	1h	0.7438	+0.121%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0261%	1h	0.7443	+0.194%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0305% / S −0.0215%	1h	0.7435	+0.083%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7435	+0.081%	$3.5M	$1.9M	75x	as long as short