Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.034%

Price spread now: GMX against Aster−0.016%7-day average — · you buy dearer than you sell

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

Long on Aster 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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CCUSDT	0.1164	0.0100	pay 0.0050% / 4h	1h 00m	$34K	$39K	20x
Short	GMX CC/USD [WBTC.b-USDC]	0.1164	L +0.0442% / S −0.0239%	get 0.0030% / 1h	0m 35s	$43K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $29.1
Price spread: −0.016% → 0.000%: −$1.61
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $7.48
Costs to cover: 0.200%
Break-even: 5.2 days

Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Aster and 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.

CC on 19 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
Injective CC/USDC PERP	−0.3951%	1h	0.1150	−1.210%	$6K	$100	5.5x	as long as short
Paradex CC-USD-PERP	+0.0095%	8h	0.1164	+0.034%	$1K	—	5x	as long as short
Aster CCUSDTlong	+0.0100%	4h	0.1164	long leg	$34K	$39K	20x
Binance CCUSDT	+0.0100%	4h	0.1164	+0.013%	$11.0M	$11.1M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1164	−0.016%	$10.5M	$3.7M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1166	+0.156%	$2.5M	$3.4M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1163	−0.128%	$361K	$213K	50x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1164	+0.001%	$1.7M	$317K	100x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1164	+0.027%	$493K	$115K	50x	as long as short
Bitget CCUSDT	+0.0100%	4h	0.1164	+0.035%	$929K	$788K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1164	+0.010%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1164	+0.018%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1161	−0.279%	$578K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1162	−0.183%	$78K	$2.3M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1162	−0.145%	$5K	$35K	6.7x	as long as short
Hyperliquid CC	+0.0328%	1h	0.1167	+0.242%	$5.4M	$1.3M	3x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1164	−0.025%	$585K	$105K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]short	L +0.0442% / S −0.0239%	1h	0.1164	−0.016%	$43K	—	50x
Lighter CC	+0.1240%	1h	0.1169	+0.405%	$234K	$152K	5x	as long as short