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−0.0039%/8h= −4.3% APRpaid last 24h −0.019%
Price spread now: Aster against Gate+0.028%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
The price spread pays, funding is against you. Aster is 0.028% dearer against Gate than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GMT_USDT0.0084300.0100pay 0.0100% / 8h2h 32m$143K$176K50x
ShortAster GMTUSDT0.0084320.0061get 0.0030% / 4h2h 32m$7K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$8.29
Price spread: +0.028% → 0.000%
$2.82
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$28.47
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 8 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 Gate live order book, 8 min ago11.86 bp43.7 bp −$44doesn't fitdoesn'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−0.1184%1h0.008422−0.090%$43K$13K20xas long as short
Bybit GMTUSDT−0.0473%8h0.008421−0.107%$1.0M$2.0M50xas long as short
OKX GMT-USDT-SWAP−0.0431%4h0.008417−0.154%$390K$1.2M20xas long as short
KuCoin GMTUSDTM−0.0326%4h0.008410−0.237%$257K$180K50xas long as short
Variational Omni GMT−0.0324%8h0.008441+0.127%$4K$5Kas long as short
Bitget GMTUSDT+0.0022%4h0.008421−0.107%$673K$625K50xas long as short
BingX GMT-USDT+0.0050%4h0.008427−0.036%$1.3Mas long as short
Aster GMTUSDTshort+0.0061%4h0.008432+0.028%$7K$23K10x
Hyperliquid GMT+0.0100%1h0.008425−0.059%$112K$152K3xas long as short
Binance GMTUSDT+0.0100%4h0.008424−0.071%$2.9M$5.3M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDTlong+0.0100%8h0.008430long leg$143K$176K50x
MEXC GMT_USDT+0.0100%4h0.008424−0.071%$426K$211K20xas long as short