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% APRpaid last 24h −0.024%

Price spread now: GRVT against Nado+0.067%7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$390.395% of the position

Long on Nado Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.022%−$2 on $10k

Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.067%, 7d avg −0.057%

Together, before fees−0.173%+ Points / potential airdropNado: Active · GRVT: Active · farm board−$17 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 0.123% dearer against Nado than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7465	0.0100	pay 0.0012% / 1h	32m 42s	$374K	$268K	5x
Short	GRVT ASTER_USDT_Perp	0.7470	0.0100	get 0.0050% / 4h	32m 42s	$461K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Nado. 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 NadobpFee GRVTbpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → −0.057%: $12.35
Slippage, 4 orders: −$23.49
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$27.14
Costs to cover: 0.395%
Break-even: 1394269275608288.5 days

Slippage from Nado: live order book, 45 min ago; GRVT: live order book, 1 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 Nado live order book, 45 min ago	0.68 bp	8.2 bp −$8	43.4 bp −$434	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	0.67 bp	11.0 bp −$11	19.9 bp −$199	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	0.7458	−0.090%	$261K	$856K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7470	+0.067%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7471	+0.082%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7473	+0.102%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7471	+0.078%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7472	+0.099%	$338K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.005%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7476	+0.150%	$926K	$884K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7465	long leg	$374K	$268K	5x
Pacifica ASTER	+0.0100%	1h	0.7473	+0.113%	$256K	$104K	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	0.7472	+0.094%	$91.5M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7472	+0.094%	$50.0M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7472	+0.094%	$12.1M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7468	+0.040%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7473	+0.107%	$35.3M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7470	+0.070%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7473	+0.107%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7471	+0.080%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7464	−0.019%	$231K	$388K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7468	+0.042%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7470	+0.067%	$461K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7462	−0.040%	$67K	$712K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7477	+0.161%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7478	+0.174%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7469	+0.054%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7467	+0.027%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7469	+0.056%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	+0.028%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7472	+0.094%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7472	+0.098%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7467	+0.027%	$3.5M	$1.9M	75x	as long as short
Hyperliquid ASTER	+0.0344%	1h	0.7481	+0.216%	$26.0M	$6.9M	5x	as long as short