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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h −0.005%
Price spread now: Aster against KuCoin+0.227%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 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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.227% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GMTUSDTM0.008310−0.0054get 0.0027% / 4h1h 43m$257K$99K50x
ShortAster GMTUSDT0.0083290.0100get 0.0050% / 4h1h 43m$8K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$32.34
Price spread: +0.227% → 0.000%
$22.72
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$35.06
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 27 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 KuCoin live order book, 27 min ago18.02 bp44.4 bp −$44266.1 bp −$2,661doesn'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−0.0997%1h0.008329+0.224%$45K$10K20xas long as short
KuCoin GMTUSDTMlong−0.0054%4h0.008310long leg$257K$99K50x
Hyperliquid GMT+0.0100%1h0.008332+0.265%$122K$123K3xas long as short
Aster GMTUSDTshort+0.0100%4h0.008329+0.227%$8K$14K10x
Binance GMTUSDT+0.0100%4h0.008330+0.241%$2.7M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008322+0.144%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008323+0.156%$343K$552K20xas long as short
Gate GMT_USDT+0.0100%8h0.008320+0.120%$146K$104K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008329+0.229%$422K$184K20xas long as short
Bitget GMTUSDT+0.0100%4h0.008321+0.132%$670K$402K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008329+0.229%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008317+0.081%$3K$5Kas long as short