Funding arb · Price arb /

BX

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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 +0.297%

Price spread now: GRVT against Aster+0.084%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.084% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BXUSDT	126.26	0	get 0.0000% / 8h	4h 01m	$5K	$2K	20x
Short	GRVT BX_USDT_Perp	126.37	0	get 0.0000% / 8h	4h 01m	$815	$110K	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 +0.084%Rate

Funding earned: $0
Price spread: +0.084% → 0.000%: $8.42
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$8.58
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; GRVT: live order book, 51 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 GRVT live order book, 51 min ago	3.17 bp	33.8 bp −$34	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.

BX on 14 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
tradeXYZ xyz:BX	−0.0377%	1h	126.29	+0.021%	$664K	$214K	10x	as long as short
Aster BXUSDTlong	0.0000%	8h	126.26	long leg	$5K	$2K	20x
Bybit BXUSDT	0.0000%	8h	126.34	+0.060%	$484K	$836K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.24	−0.019%	$163K	$112K	20x	as long as short
QFEX BX-USD	0.0000%	1h	127.01	+0.591%	$1.1M	$1.5M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.46	+0.155%	$423K	$28K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.42	+0.124%	$900K	$37K	20x	as long as short
GRVT BX_USDT_Perpshort	0.0000%	8h	126.37	+0.084%	$815	$110K	10x
SunX BX-USDT	0.0000%	8h	126.33	+0.053%	$1K	$317K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.52	+0.203%	$7K	$3K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.0100%	8h	126.18	−0.066%	$114K	$922K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	137.37	+8.796%	$4K	$32K	12x	as long as short
Variational Omni BX	+0.0330%	8h	126.33	+0.055%	$43K	$12K	—	as long as short
Binance BXUSDT	+0.0477%	8h	126.34	+0.060%	$779K	$491K	20x	as long as short