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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0345%/8h= −37.7% APRnext payment $1.72 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Aster−0.170%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$10 a day on $10k at the current rate, and OKX is 0.170% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GMTUSDT0.0086120.0100pay 0.0050% / 4h2h 00m$7K$23K10x
ShortOKX GMT-USDT-SWAP0.008597−0.0245pay 0.0122% / 4h2h 00m$396K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$72.36
Price spread: −0.170% → 0.000%
−$16.99
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$107.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago3.49 bp35.9 bp −$36doesn'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−0.1158%1h0.008607−0.050%$44K$13K20xas long as short
Bybit GMTUSDT−0.0378%8h0.008610−0.019%$1.1M$2.1M50xas long as short
Variational Omni GMT−0.0311%8h0.008603−0.095%$4K$6Kas long as short
OKX GMT-USDT-SWAPshort−0.0245%4h0.008597−0.170%$396K$1.3M20x
KuCoin GMTUSDTM−0.0224%4h0.008600−0.135%$248K$185K50xas long as short
BingX GMT-USDT+0.0094%4h0.008607−0.054%$1.3Mas long as short
Hyperliquid GMT+0.0100%1h0.008606−0.065%$114K$153K3xas long as short
Aster GMTUSDTlong+0.0100%4h0.008612long leg$7K$23K10x
Binance GMTUSDT+0.0100%4h0.008607−0.058%$2.9M$5.4M50xas long as short
Gate GMT_USDT+0.0100%8h0.008610−0.019%$150K$179K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GMT_USDT+0.0100%4h0.008607−0.054%$426K$214K20xas long as short
Bitget GMTUSDT+0.0100%4h0.008606−0.065%$685K$637K50xas long as short