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 −0.015%

Price spread now: GRVT against KuCoin−0.392%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$710.707% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days+0.447%+$45 · spread now −0.392%, 7d avg +0.002%

Together, before fees+0.476%+ Points / potential airdropGRVT: Active · farm board+$48 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: GRVT is 0.394% cheaper against KuCoin than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7378	0.0100	pay 0.0050% / 4h	2h 29m	$11.0M	$3.2M	75x
Short	GRVT ASTER_USDT_Perp	0.7349	0.0100	get 0.0050% / 4h	2h 29m	$454K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against KuCoin. 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 KuCoinbpFee GRVTbpOrdersPrice spread, now −0.392%Rate

Funding earned: $0
Price spread: −0.392% → +0.002%: −$39.43
Slippage, 4 orders: −$49.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$110.13
Costs to cover: 0.707%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; GRVT: live order book, 4 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 KuCoin live order book, 4 min ago	5.03 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	1.36 bp	12.0 bp −$12	29.3 bp −$293	doesn't fit	doesn't fit

ASTER on 31 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	0.7330	−0.641%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7375	−0.043%	$55.3M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7371	−0.088%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7366	−0.158%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.165%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7376	−0.024%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7361	−0.228%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7379	+0.023%	$896K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	−0.208%	$366K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7379	+0.013%	$257K	$74K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7376	−0.026%	$90.3M	$110.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7378	+0.003%	$49.3M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7373	−0.065%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7378	+0.003%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7376	−0.024%	$34.7M	$17.7M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7378	long leg	$11.0M	$3.2M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7377	−0.011%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7375	−0.038%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7374	−0.046%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7358	−0.264%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7349	−0.392%	$454K	$3.9M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	−0.282%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7365	−0.173%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7373	−0.065%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7370	−0.106%	$244K	$117K	20x	as long as short
Hyperliquid ASTER	+0.0101%	1h	0.7386	+0.111%	$25.6M	$6.6M	5x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7357	−0.281%	$212K	$2.0M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7372	−0.073%	$367K	$640K	25x	as long as short
dYdX ASTER-USD	+0.0155%	1h	0.7374	−0.055%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0227%	1h	0.7378	−0.001%	$339K	$488K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	−0.189%	$28K	—	100x	as long as short