Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.029%

Price spread now: GMX against OKX+0.025%7-day average — · you sell dearer than you buy

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

Long on OKX 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 0.025% dearer against OKX than usual: you sell high and buy low: +$3 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	OKX ASTER-USDT-SWAP	0.7280	0.0100	pay 0.0050% / 4h	3h 12m	$12.5M	$20.2M	50x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7282	L +0.0304% / S −0.0215%	get 0.0027% / 1h	12m 51s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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 OKXbpFee GMXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $24.06
Price spread: +0.025% → 0.000%: $2.5
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $4.56
Costs to cover: 0.220%
Break-even: 5.7 days

Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago	0.69 bp	8.8 bp −$9	21.5 bp −$215	doesn't fit	doesn't fit
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	−0.0064%	1h	0.7287	+0.098%	$252K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7274	−0.082%	$52.4M	$112.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7280	−0.004%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7282	+0.033%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7283	+0.035%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0032%	1h	0.7279	−0.014%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.511%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0064%	4h	0.7285	+0.069%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7278	−0.025%	$880K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7277	−0.041%	$363K	$273K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7280	0.000%	$254K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7277	−0.048%	$90.1M	$122.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7278	−0.027%	$48.9M	$25.4M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7280	long leg	$12.5M	$20.2M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7279	−0.014%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7277	−0.041%	$33.8M	$20.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7280	+0.004%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7276	−0.055%	$17.7M	$7.8M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7278	−0.027%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7283	+0.041%	$208K	$497K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7279	−0.011%	$2.1M	$416K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7283	+0.040%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7291	+0.151%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7288	+0.110%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7279	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7278	−0.027%	$242K	$143K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7280	+0.002%	$211K	$2.2M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7274	−0.084%	$365K	$635K	25x	as long as short
Hyperliquid ASTER	+0.0107%	1h	0.7287	+0.089%	$24.9M	$8.0M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0206%	1h	0.7286	+0.076%	$338K	$608K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0304% / S −0.0215%	1h	0.7282	+0.025%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7276	−0.055%	$3.5M	$2.1M	75x	as long as short