Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Aster−0.074%100s7-day average +0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3943.940% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.375%+$38 · spread now −0.074%, 7d avg +0.056%

Together, before fees+0.389%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.130% cheaper against Aster than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.056%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06817	0.0100	pay 0.0050% / 4h	2h 43m	$111K	$55K	5x
Short	GRVT H_USDT_Perp	0.06812	0.0100	get 0.0050% / 4h	2h 43m	$1.1M	$441K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee AsterbpFee GRVTbpOrdersPrice spread, now −0.074%Rate

Funding earned: $0
Price spread: −0.074% → +0.056%: −$12.96
Slippage, 4 orders: −$377.03
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$406.98
Costs to cover: 3.940%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; GRVT: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	5.87 bp	96.7 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	2.94 bp	49.5 bp −$49	doesn't fit	doesn't fit	doesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective H/USDC PERP	+0.0033%	1h	0.06250	−8.318%	$1K	$1	5.5x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06817	long leg	$111K	$55K	5x
Binance HUSDT	+0.0100%	4h	0.06818	+0.014%	$14.6M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06806	−0.162%	$7.5M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06823	+0.088%	$1.8M	$6.3M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06804	−0.191%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06820	+0.044%	$6.0M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06812	−0.074%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06812	−0.074%	$1.7M	$446K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06813	−0.059%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06785	−0.465%	$8K	$5K	—	as long as short
GRVT H_USDT_Perpshort	+0.0100%	4h	0.06812	−0.074%	$1.1M	$441K	10x
Extended H-USD	+0.0104%	1h	0.06819	+0.029%	$9K	$97K	5x	as long as short
BloFin H-USDT	+0.0105%	4h	0.06803	−0.206%	$590K	$111K	25x	as long as short