Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate+0.058%7-day average +0.022% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$676as in the Price arb table

costs, in and out, $10k−$6796.794% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.058%, 7d avg +0.022%

Together, before fees+0.149%+ Points / potential airdropAster: Stage 5 · farm board+$15 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: Aster is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate H_USDT	0.07020	0.0100	pay 0.0050% / 4h	3h 49m	$2.9M	$1.8M	10x
Short	Aster HUSDT	0.07024	0.0100	get 0.0050% / 4h	3h 49m	$116K	$55K	5x

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

Position, each leg$Hold fordaysFee GatebpFee AsterbpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → +0.022%: $3.56
Slippage, 4 orders: −$656.42
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$675.85
Costs to cover: 6.794%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Aster: live order book, 21 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 Gate live order book, 3 min ago	6.37 bp	81.7 bp −$82	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 21 min ago	6.40 bp	326.9 bp −$327	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	−10.969%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0088%	4h	0.07084	+0.912%	$598K	$118K	25x	as long as short
Aster HUSDTshort	+0.0100%	4h	0.07024	+0.058%	$116K	$55K	5x
Binance HUSDT	+0.0100%	4h	0.07030	+0.149%	$15.1M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.07020	0.000%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07030	+0.142%	$1.8M	$6.0M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.07020	long leg	$2.9M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.07033	+0.185%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07019	−0.014%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07009	−0.157%	$1.7M	$450K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07017	−0.043%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.07065	+0.647%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07086	+0.940%	$1.2M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07031	+0.159%	$9K	$107K	5x	as long as short