Settings8H · net · $10k
Funding arb · Price arb /

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0207%/8h= +22.7% APRpaid last 24h +0.019%
Price spread now: Gate against Aster+0.075%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.075% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GMTUSDT0.008534−0.0107get 0.0054% / 4h3h 34m$7K$22K10x
ShortGate GMT_USDT0.0085400.0100get 0.0100% / 8h3h 34m$151K$174K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$43.48
Price spread: +0.075% → 0.000%
$7.49
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$27.97
Costs to cover
0.230%
Break-even
2.5 days
Slippage unknown: Aster: no order-book sample; Gate: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Gate live order book, 11 min ago5.84 bp41.6 bp −$42doesn't fitdoesn't fitdoesn't fit
Aster: 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.

GMT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSD−0.1572%1h0.008543+0.109%$44K$12K20xas long as short
Bybit GMTUSDT−0.0498%8h0.008516−0.206%$1.1M$2.0M50xas long as short
OKX GMT-USDT-SWAP−0.0461%4h0.008510−0.277%$397K$1.2M20xas long as short
KuCoin GMTUSDTM−0.0460%4h0.008530−0.042%$276K$180K50xas long as short
Variational Omni GMT−0.0265%8h0.008525−0.101%$3K$5Kas long as short
Aster GMTUSDTlong−0.0107%4h0.008534long leg$7K$22K10x
Bitget GMTUSDT−0.0028%4h0.008532−0.019%$680K$625K50xas long as short
BingX GMT-USDT+0.0050%4h0.008528−0.066%$1.3Mas long as short
Hyperliquid GMT+0.0100%1h0.008534+0.005%$113K$149K3xas long as short
Binance GMTUSDT+0.0100%4h0.008529−0.052%$2.9M$5.2M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDTshort+0.0100%8h0.008540+0.075%$151K$174K50x
MEXC GMT_USDT+0.0100%4h0.008534+0.005%$432K$209K20xas long as short