Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h +0.081%

Price spread now: GRVT against Kraken Futures−0.011%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Kraken Futures Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.611%+$61 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.011%, 7d avg −0.028%

Together, before fees+0.658%+ Points / potential airdropGRVT: Active · farm board+$66 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.611%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ASTERUSD	0.7387	0.0263	pay 0.0033% / 1h	2m 53s	$284K	$419K	20x
Short	GRVT ASTER_USDT_Perp	0.7386	0.0100	get 0.0050% / 4h	2h 02m	$464K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Kraken Futures. 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 Kraken FuturesbpFee GRVTbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$34.16
Price spread: −0.011% → −0.028%: $1.65
Slippage, 4 orders: −$42.77
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$94.29
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 20 min ago; GRVT: live order book, 6 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 Kraken Futures live order book, 20 min ago	8.73 bp	15.5 bp −$15	37.6 bp −$376	doesn't fit	doesn't fit
Sell GRVT live order book, 6 min ago	0.68 bp	12.0 bp −$12	17.8 bp −$178	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	−0.0160%	1h	0.7372	−0.196%	$250K	$825K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	+0.311%	$9	$96K	5.5x	as long as short
Deribit ASTER_USDC-PERPETUAL	−0.0061%	1h	0.7384	−0.037%	$11K	$87K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7382	−0.068%	$56.5M	$99.9M	200x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7383	−0.052%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0007%	1h	0.7384	−0.037%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7387	+0.001%	$909K	$852K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7381	−0.081%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7385	−0.033%	$369K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7384	−0.043%	$253K	$108K	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	0.7383	−0.054%	$90.4M	$106.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7381	−0.081%	$49.4M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7382	−0.068%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7382	−0.068%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7383	−0.054%	$33.8M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	−0.060%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7386	−0.014%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7383	−0.054%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7385	−0.029%	$264K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7394	+0.097%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7386	−0.011%	$464K	$3.9M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7381	−0.081%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7391	+0.054%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7383	−0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7383	−0.054%	$241K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7384	−0.040%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7385	−0.025%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7386	−0.014%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSDlong	+0.0263%	1h	0.7387	long leg	$284K	$419K	20x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7384	−0.045%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7385	−0.027%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0454%	1h	0.7393	+0.079%	$25.8M	$6.7M	5x	as long as short