Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against GRVT+0.059%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

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

costs, in and out, $10k−$620.620% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.059%, 7d avg −0.003%

Together, before fees−0.113%+ Points / potential airdropGRVT: Active · farm board−$11 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: KuCoin is 0.063% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7410	0.0100	pay 0.0050% / 4h	1h 11m	$462K	$3.8M	10x
Short	KuCoin ASTERUSDTM	0.7414	0.0100	get 0.0050% / 4h	1h 11m	$11.0M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → −0.003%: $6.27
Slippage, 4 orders: −$40.97
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$55.7
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago	0.68 bp	8.9 bp −$9	17.7 bp −$177	5980.6 bp −$598.1K	69868.8 bp −$34.93M
Sell KuCoin live order book, 2 min ago	2.57 bp	19.6 bp −$20	doesn't fit	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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7393	−0.227%	$260K	$837K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7412	+0.033%	$56.6M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7413	+0.042%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7414	+0.048%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.270%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0059%	1h	0.7412	+0.021%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7417	+0.092%	$917K	$878K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	+0.067%	$372K	$270K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7417	+0.097%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7412	+0.028%	$90.8M	$106.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7412	+0.027%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7415	+0.067%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7414	+0.054%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7412	+0.027%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7414	+0.059%	$11.0M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7412	+0.027%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7413	+0.040%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7413	+0.043%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7412	+0.021%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7410	long leg	$462K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7412	+0.027%	$66K	$718K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7415	+0.067%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7419	+0.121%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7413	+0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7411	+0.013%	$242K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7413	+0.040%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7409	−0.014%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7417	+0.094%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0144%	1h	0.7421	+0.148%	$25.7M	$6.8M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7417	+0.097%	$335K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7413	+0.044%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7411	+0.013%	$3.4M	$1.9M	75x	as long as short