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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.52 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against Bitget−0.059%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 5 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 −$3 a day on $10k at the current rate, and Aster is 0.059% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GMTUSDT0.0085390.0044pay 0.0022% / 4h57m 18s$672K$646K50x
ShortAster GMTUSDT0.008534−0.0060pay 0.0030% / 4h57m 18s$7K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$21.92
Price spread: −0.059% → 0.000%
−$5.94
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$47.86
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 63 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 63 min ago4.66 bp25.5 bp −$26252.9 bp −$2,529doesn't fitdoesn't fit
Sell Aster no order-book sample
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−0.1479%1h0.008538−0.008%$44K$14K20xas long as short
KuCoin GMTUSDTM−0.0594%4h0.008530−0.105%$279K$191K50xas long as short
Bybit GMTUSDT−0.0350%8h0.008534−0.059%$1.1M$2.0M50xas long as short
OKX GMT-USDT-SWAP−0.0347%4h0.008530−0.105%$394K$1.2M20xas long as short
Aster GMTUSDTshort−0.0060%4h0.008534−0.059%$7K$22K10x
Variational Omni GMT−0.0010%8h0.008522−0.196%$3K$5Kas long as short
Bitget GMTUSDTlong+0.0044%4h0.008539long leg$672K$646K50x
BingX GMT-USDT+0.0054%4h0.008525−0.164%$1.3Mas long as short
Gate GMT_USDT+0.0079%8h0.008530−0.105%$146K$173K50xas long as short
Hyperliquid GMT+0.0100%1h0.008523−0.187%$114K$153K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GMTUSDT+0.0100%4h0.0085390.000%$2.9M$5.2M50xas long as short
MEXC GMT_USDT+0.0100%4h0.008545+0.070%$444K$206K20xas long as short