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: Aster against GRVT−0.226%50s7-day average −0.058% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Aster

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)+0.205%+$20 · spread now −0.226%, 7d avg −0.058%

Together, before fees+0.191%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$19 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 0.168% cheaper against GRVT than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 50 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	GRVT H_USDT_Perp	0.06862	0.0100	pay 0.0050% / 4h	1h 08m	$1.1M	$465K	10x
Short	Aster HUSDT	0.06846	0.0100	get 0.0050% / 4h	1h 08m	$111K	$58K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.226%Rate

Funding earned: $0
Price spread: −0.226% → −0.058%: −$16.8
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$33.8
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 4 min ago; Aster: live order book, 32 min ago. Net counts fees only.

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 GRVT live order book, 4 min ago	2.19 bp	50.7 bp −$51	18676.1 bp −$186.8K	doesn't fit	doesn't fit
Sell Aster live order book, 32 min ago	2.16 bp	doesn't fit	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	−8.918%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0088%	4h	0.06840	−0.320%	$590K	$110K	25x	as long as short
Aster HUSDTshort	+0.0100%	4h	0.06846	−0.226%	$111K	$58K	5x
Binance HUSDT	+0.0100%	4h	0.06841	−0.305%	$14.6M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06831	−0.457%	$7.5M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06841	−0.305%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06828	−0.495%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06842	−0.291%	$6.1M	$1.2M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06837	−0.363%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06840	−0.320%	$1.7M	$446K	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	0.06847	−0.218%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06853	−0.134%	$9K	$6K	—	as long as short
GRVT H_USDT_Perplong	+0.0100%	4h	0.06862	long leg	$1.1M	$465K	10x
Extended H-USD	+0.0104%	1h	0.06839	−0.333%	$9K	$100K	5x	as long as short