Funding arb · Price arb /

POWER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h 0.000%

Price spread now: Aster against Gate−0.413%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.413% cheaper against Gate than usual: you would sell low and buy high (spread −0.413% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 9.6 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POWER_USDT	0.1225	0.0100	pay 0.0100% / 8h	4h 32m	$231K	$115K	20x
Short	Aster POWERUSDT	0.1220	0.0244	get 0.0122% / 4h	32m 32s	$24K	$26K	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 −0.413%Rate

Funding earned: $30.16
Price spread: −0.413% → 0.000%: −$41.25
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.09
Costs to cover: 0.230%
Break-even: 14.9 days

Slippage unknown: Gate: live order book, 19 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 19 min ago	8.60 bp	222.2 bp −$222	45822.7 bp −$458.2K	doesn't fit	doesn'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.

POWER on 10 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
BloFin POWER-USDT	+0.0056%	4h	0.1222	−0.245%	$210K	$131K	20x	as long as short
Binance POWERUSDT	+0.0100%	4h	0.1221	−0.359%	$3.6M	$5.6M	20x	as long as short
Bybit POWERUSDT	+0.0100%	4h	0.1221	−0.343%	$2.0M	$1.5M	20x	as long as short
Gate POWER_USDTlong	+0.0100%	8h	0.1225	long leg	$231K	$115K	20x
MEXC POWER_USDT	+0.0100%	4h	0.1222	−0.286%	$14.1M	$438K	20x	as long as short
KuCoin POWERUSDTM	+0.0100%	4h	0.1220	−0.441%	$2.4M	$15.1M	20x	as long as short
Bitget POWERUSDT	+0.0100%	4h	0.1219	−0.530%	$3.3M	$510K	20x	as long as short
BingX POWER-USDT	+0.0100%	4h	0.1223	−0.204%	—	$1.4M	—	as long as short
Variational Omni POWER	+0.0100%	4h	0.1217	−0.682%	$18K	$3K	—	as long as short
Aster POWERUSDTshort	+0.0244%	4h	0.1220	−0.413%	$24K	$26K	5x