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 +0.020%

Price spread now: MEXC against GRVT+0.108%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$250.247% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.202%−$20 · spread now +0.108%, 7d avg −0.010%

Together, before fees−0.183%+ Points / potential airdropGRVT: Active · farm board−$18 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: MEXC is 0.119% dearer against GRVT than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.010%.

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	MEXC ASTER_USDT	0.7440	0.0100	get 0.0050% / 4h	3h 42m	$35.1M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.108%Rate

Funding earned: $0
Price spread: +0.108% → −0.010%: $11.86
Slippage, 4 orders: −$15.73
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$12.87
Costs to cover: 0.247%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; MEXC: 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	0.67 bp	13.9 bp −$14	21.5 bp −$215	4661.8 bp −$466.2K	63277.1 bp −$31.64M
Sell MEXC live order book, 1 min ago	0.67 bp	1.0 bp −$1	5.7 bp −$57	36.2 bp −$3,617	131.7 bp −$65.9K

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	−0.0080%	1h	0.7437	+0.073%	$215K	$404K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7442	+0.138%	$56.5M	$100.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7426	−0.082%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7441	+0.122%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7441	+0.116%	$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	0.7444	+0.169%	$342K	$486K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7441	+0.122%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7444	+0.163%	$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	0.7442	+0.135%	$372K	$261K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7432	0.000%	$255K	$103K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7441	+0.118%	$91.3M	$108.2M	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	0.7442	+0.135%	$12.0M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7444	+0.162%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7440	+0.108%	$35.1M	$16.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7443	+0.146%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7443	+0.149%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7439	+0.095%	—	$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	0.7441	+0.122%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7441	+0.122%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7438	+0.081%	$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	0.7442	+0.141%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7441	+0.122%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0242%	1h	0.7449	+0.229%	$25.9M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7442	+0.129%	$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