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 0.000%

Price spread now: SunX against GRVT+0.136%7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$257as in the Funding arb table

Net, price: spread back to 7d avg − costs−$264as in the Price arb table

costs, in and out, $10k−$2632.633% of the position

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.136%, 7d avg +0.141%

Together, before fees−0.069%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTER_USDT_Perp	0.7350	0.0100	pay 0.0050% / 4h	1h 43m	$454K	$3.8M	10x
Short	SunX ASTER-USDT	0.7360	0.0100	get 0.0050% / 4h	1h 43m	$2K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → +0.141%: −$0.53
Slippage, 4 orders: −$246.3
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$263.83
Costs to cover: 2.633%
Break-even: never at this rate

Slippage from GRVT: live order book, 6 min ago; SunX: live order book, 12 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	1.36 bp	16.6 bp −$17	26.2 bp −$262	6447.3 bp −$644.7K	72201.3 bp −$36.10M
Sell SunX live order book, 12 min ago	29.81 bp	125.2 bp −$125	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	−0.0088%	1h	0.7359	+0.125%	$272K	$880K	50x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0036%	1h	0.7354	+0.050%	$11K	$86K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7348	−0.027%	$54.8M	$101.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7356	+0.076%	$15K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7351	+0.020%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7348	−0.027%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.544%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0090%	4h	0.7353	+0.041%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7357	+0.093%	$892K	$900K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7355	+0.068%	$368K	$255K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7355	+0.071%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7355	+0.063%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7351	+0.014%	$90.4M	$109.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7353	+0.041%	$49.1M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7357	+0.095%	$12.1M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7351	+0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7348	−0.027%	$33.7M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	+0.016%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7356	+0.082%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7351	+0.014%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7356	+0.082%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7348	−0.031%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perplong	+0.0100%	4h	0.7350	long leg	$454K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7354	+0.054%	$66K	$714K	50x	as long as short
SunX ASTER-USDTshort	+0.0100%	4h	0.7360	+0.136%	$2K	$1.7M	20x
SoDEX ASTER-USD	+0.0100%	1h	0.7354	+0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7356	+0.082%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7353	+0.042%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7350	+0.005%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7358	+0.105%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7352	+0.029%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7357	+0.095%	$3.5M	$1.9M	75x	as long as short