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

USD1

all USD1 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.008%
Price spread now: Gate against Aster−0.097%7-day average · you buy dearer than you sell
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 6 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
Funding pays, the price is against you. Gate is 0.097% cheaper against Aster than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USD1USDT0.99950.0011pay 0.0011% / 8h43m 24s$22K$5K20x
ShortGate USD1_USDT0.99850.0100get 0.0050% / 4h43m 24s$104K$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$18.62
Price spread: −0.097% → 0.000%
−$9.66
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$14.03
Costs to cover
0.230%
Break-even
12.3 days
Slippage unknown: Aster: no order-book sample; Gate: live order book, 52 min ago. 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 Aster no order-book sample
Sell Gate live order book, 52 min ago9.01 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
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.

USD1 on 3 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
Aster USD1USDTlong+0.0011%8h0.9995long leg$22K$5K20x
Bybit USD1USDT+0.0100%4h0.9991−0.037%$572K$24K50xas long as short
Gate USD1_USDTshort+0.0100%4h0.9985−0.097%$104K$3K50x