Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.012%

Price spread now: GRVT against 01 Exchange−0.148%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.148% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 5.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ASTERUSD	0.7352	0.0008	pay 0.0001% / 1h	19m 23s	$8K	$4K	10x
Short	GRVT ASTER_USDT_Perp	0.7341	0.0100	get 0.0050% / 4h	1h 19m	$458K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against 01 Exchange. 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 01 ExchangebpFee GRVTbpOrdersPrice spread, now −0.148%Rate

Funding earned: $19.32
Price spread: −0.148% → 0.000%: −$14.79
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$11.47
Costs to cover: 0.160%
Break-even: 11.2 days

Slippage unknown: 01 Exchange: no order-book sample; GRVT: live order book, 5 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GRVT live order book, 5 min ago	0.68 bp	17.3 bp −$17	27.6 bp −$276	doesn't fit	doesn't fit

01 Exchange: 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	−0.0088%	1h	0.7357	+0.071%	$271K	$880K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7353	+0.019%	$54.7M	$101.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7358	+0.075%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7355	+0.042%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7349	−0.045%	$24K	—	150x	as long as short
01 Exchange ASTERUSDlong	+0.0008%	1h	0.7352	long leg	$8K	$4K	10x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.517%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0083%	4h	0.7347	−0.068%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7358	+0.083%	$897K	$907K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7346	−0.082%	$368K	$250K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7358	+0.075%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7356	+0.060%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7348	−0.054%	$90.3M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7347	−0.068%	$49.0M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7351	−0.014%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7351	−0.014%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7350	−0.027%	$33.7M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7351	−0.016%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7345	−0.095%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7348	−0.054%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7357	+0.069%	$218K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7357	+0.070%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perpshort	+0.0100%	4h	0.7341	−0.148%	$458K	$3.8M	10x
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	+0.068%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7367	+0.204%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7355	+0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7357	+0.068%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7350	−0.026%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7356	+0.050%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7359	+0.098%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7350	−0.021%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7355	+0.041%	$3.5M	$1.9M	75x	as long as short