Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.035%

Price spread now: tradeXYZ against Aster+0.001%7-day average — · you sell dearer than you buy

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

Long on Aster Short on tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AMATUSDT	469.87	0	get 0.0000% / 8h	5h 26m	$10K	$11K	20x
Short	tradeXYZ xyz:AMAT	469.87	0.0050	get 0.0006% / 1h	26m 20s	$2.6M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.001%Rate

Funding earned: $10.5
Price spread: +0.001% → 0.000%: $0.1
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$15.4
Costs to cover: 0.260%
Break-even: 17.3 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 11 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 11 min ago	1.81 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn'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.

AMAT on 16 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
Aster AMATUSDTlong	0.0000%	8h	469.87	long leg	$10K	$11K	20x
Bybit AMATUSDT	0.0000%	8h	469.96	+0.020%	$898K	$656K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	469.98	+0.024%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.12	+0.054%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	470.30	+0.093%	$188	$100K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	469.79	−0.016%	—	—	10x	as long as short
tradeXYZ xyz:AMATshort	+0.0050%	1h	469.87	+0.001%	$2.6M	$2.3M	10x
KuCoin AMATUSDTM	+0.0100%	8h	469.66	−0.044%	$412K	$481K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.53	+0.141%	$993	$365K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	470.97	+0.235%	$171K	$40K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMAT	+0.0108%	8h	470.33	+0.100%	$65K	$44K	—	as long as short
Extended AMAT-USD	+0.0160%	1h	469.75	−0.024%	$5K	$27K	10x	as long as short
Binance AMATUSDT	+0.0162%	8h	469.87	+0.001%	$8.9M	$12.6M	20x	as long as short
BloFin AMAT-USDT	+0.0184%	8h	469.85	−0.003%	$110K	$91K	20x	as long as short
Phoenix AMAT	+0.0204%	1h	470.38	+0.110%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0254%	8h	469.80	−0.014%	$1.7M	$6.4M	50x	as long as short