Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%

Price spread now: GRVT against MEXC+0.377%67s7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.233% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days−0.300%−$30 · spread now +0.377%, 7d avg +0.012%

Together, before fees−0.318%+ Points / potential airdropGRVT: Active · farm board−$32 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 0.365% dearer against MEXC than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ASTER_USDT	0.7376	0.0100	pay 0.0050% / 4h	1h 50m	$33.8M	$16.2M	100x
Short	GRVT ASTER_USDT_Perp	0.7404	0.0100	get 0.0050% / 4h	1h 50m	$465K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.377%Rate

Funding earned: $0
Price spread: +0.377% → +0.012%: $36.5
Slippage, 4 orders: −$14.28
Fee MEXC: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $13.22
Costs to cover: 0.233%
Break-even: from the start

Slippage from MEXC: live order book, 3 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 MEXC live order book, 3 min ago	0.68 bp	1.2 bp −$1	4.1 bp −$41	24.5 bp −$2,447	105.6 bp −$52.8K
Sell GRVT live order book, 4 min ago	0.68 bp	10.1 bp −$10	24.4 bp −$244	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	−0.0136%	1h	0.7390	+0.184%	$251K	$827K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7376	−0.006%	$56.4M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7373	−0.045%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7374	−0.030%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.461%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7381	+0.065%	$908K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7378	+0.020%	$369K	$275K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7380	+0.049%	$253K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7376	−0.002%	$90.3M	$106.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7375	−0.014%	$49.4M	$21.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7371	−0.068%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7379	+0.041%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7376	long leg	$33.8M	$16.2M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7377	+0.015%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7372	−0.054%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7371	−0.068%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7374	−0.023%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7374	−0.029%	$2.0M	$363K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7404	+0.377%	$465K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7378	+0.027%	$65K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7378	+0.027%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7385	+0.122%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7372	−0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7380	+0.054%	$241K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7373	−0.045%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7382	+0.082%	$213K	$1.9M	10x	as long as short
dYdX ASTER-USD	+0.0113%	1h	0.7376	+0.005%	$13K	$61	5x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7379	+0.041%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7375	−0.016%	$284K	$420K	20x	as long as short
Hyperliquid ASTER	+0.0205%	1h	0.7383	+0.092%	$25.7M	$6.7M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7373	−0.034%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7376	0.000%	$3.4M	$1.8M	75x	as long as short