Funding arb · Price arb /

WIF

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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 +0.011%

Price spread now: GRVT against Aster+0.191%7-day average +0.143% · 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−$87as in the Price arb table

costs, in and out, $10k−$920.922% 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)+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.621%+$62 · spread now +0.191%, 7d avg +0.143%

Together, before fees+0.622%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$62 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 0.048% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.143%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WIFUSDT	0.2537	0.0100	pay 0.0050% / 4h	3h 13m	$44K	$310K	10x
Short	GRVT WIF_USDT_Perp	0.2542	0.0100	get 0.0050% / 4h	3h 13m	$286K	$2.6M	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 +0.191%Rate

Funding earned: $0
Price spread: +0.191% → +0.143%: $4.83
Slippage, 4 orders: −$75.22
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$87.39
Costs to cover: 0.922%
Break-even: never at this rate

Slippage from Aster: live order book, 39 min ago; GRVT: live order book, 5 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, 39 min ago	9.71 bp	26.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	1.97 bp	24.4 bp −$24	85.3 bp −$853	doesn't fit	doesn't fit

WIF on 32 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 WIF-USDT	−0.0196%	4h	0.2534	−0.115%	$1.1M	$903K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2530	−0.254%	$14K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2534	−0.115%	$34K	$272K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2533	−0.143%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.712%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2537	+0.007%	$145K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2532	−0.194%	$52K	$563K	20x	as long as short
Aster WIFUSDTlong	+0.0100%	4h	0.2537	long leg	$44K	$310K	10x
Pacifica WIF	+0.0100%	1h	0.2532	−0.187%	$79K	$67K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2537	−0.013%	$20.1M	$129.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2535	−0.076%	$17.4M	$43.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2537	+0.003%	$6.1M	$39.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2535	−0.076%	$1.2M	$8.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2537	+0.003%	$23.6M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2535	−0.076%	$4.3M	$15.4M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2537	+0.003%	$7.7M	$14.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2534	−0.115%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2535	−0.088%	$76K	$306K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2550	+0.517%	$87K	$145K	—	as long as short
GRVT WIF_USDT_Perpshort	+0.0100%	4h	0.2542	+0.191%	$286K	$2.6M	10x
ApeX Omni WIFUSDT	+0.0100%	1h	0.2550	+0.515%	$47K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2533	−0.155%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2532	−0.194%	$1K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2536	−0.017%	$589	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2529	−0.313%	$167K	$737K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2535	−0.075%	$11K	$115K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2534	−0.107%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0109% / S +0.0022%	1h	0.2534	−0.128%	$9K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2537	+0.003%	$337K	$3.1M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0362%	1h	0.2538	+0.030%	$663K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2533	−0.151%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0706%	1h	0.2542	+0.184%	$8.6M	$5.3M	5x	as long as short