Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.030%

Price spread now: GMX against MEXC+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.020% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7400	0.0100	pay 0.0050% / 4h	2h 44m	$33.8M	$16.2M	100x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7402	L +0.0304% / S −0.0215%	get 0.0027% / 1h	44m 04s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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 MEXCbpFee GMXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $24.06
Price spread: +0.020% → 0.000%: $2.04
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $14.1
Costs to cover: 0.120%
Break-even: 2.9 days

Slippage unknown: MEXC: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

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 MEXC live order book, 5 min ago	0.68 bp	1.2 bp −$1	4.9 bp −$49	23.8 bp −$2,382	90.6 bp −$45.3K
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.7400	+0.001%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.311%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7399	−0.008%	$56.8M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7402	+0.032%	$11K	$102K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7401	+0.016%	$30K	—	150x	as long as short
dYdX ASTER-USD	+0.0007%	1h	0.7405	+0.065%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7403	+0.035%	$909K	$836K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0097%	4h	0.7400	0.000%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7400	+0.003%	$368K	$280K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7401	+0.019%	$254K	$109K	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	0.7403	+0.038%	$90.7M	$105.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7403	+0.041%	$49.3M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7406	+0.081%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7400	0.000%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7400	long leg	$33.8M	$16.2M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7399	−0.015%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7403	+0.041%	$18.1M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7405	+0.068%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7402	+0.026%	$265K	$322K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7393	−0.101%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7393	−0.099%	$457K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7395	−0.068%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7408	+0.108%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7398	−0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7399	−0.014%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7400	−0.003%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0107%	4h	0.7391	−0.118%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0184%	1h	0.7403	+0.041%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0262%	1h	0.7402	+0.024%	$285K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0304% / S −0.0215%	1h	0.7402	+0.020%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7396	−0.054%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0472%	1h	0.7411	+0.149%	$26.0M	$6.8M	5x	as long as short