Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h −0.055%

Price spread now: Aster against Extended−0.032%7-day average — · you buy dearer than you sell

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

Long on Extended 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 airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.032% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMAT-USD	470.82	0.0312	pay 0.0039% / 1h	26m 16s	$5K	$27K	10x
Short	Aster AMATUSDT	470.66	0	get 0.0000% / 8h	6h 26m	$10K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$65.52
Price spread: −0.032% → 0.000%: −$3.22
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$81.74
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Extended and 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 15 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 AMATUSDTshort	0.0000%	8h	470.66	−0.032%	$10K	$11K	20x
Bybit AMATUSDT	0.0000%	8h	470.84	+0.005%	$902K	$653K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	471.39	+0.122%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	471.16	+0.073%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	470.43	−0.081%	$306	$98K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.52	−0.063%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.77	−0.010%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	470.29	−0.112%	$409K	$469K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.91	+0.020%	$1K	$374K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	471.55	+0.156%	$171K	$39K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0220%	1h	470.43	−0.082%	$19K	$110K	10x	as long as short
Variational Omni AMAT	+0.0245%	8h	471.00	+0.039%	$66K	$44K	—	as long as short
Binance AMATUSDT	+0.0308%	8h	471.01	+0.040%	$8.9M	$12.7M	20x	as long as short
Extended AMAT-USDlong	+0.0312%	1h	470.82	long leg	$5K	$27K	10x
Gate AMAT_USDT	+0.0356%	8h	470.80	−0.003%	$1.7M	$6.4M	50x	as long as short