Funding arb · Price arb /

WDC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%

Price spread now: GRVT against Aster+0.032%80s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$481as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$5115.106% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.295%+$30 on $10k

Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.032%, 7d avg −0.020%

Together, before fees+0.254%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$25 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 0.051% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WDCUSDT	449.61	0	get 0.0000% / 8h	52m 15s	$20K	$105K	20x
Short	GRVT WDC_USDT_Perp	449.75	0	get 0.0000% / 8h	52m 15s	$877	$176K	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 +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.020%: $5.12
Slippage, 4 orders: −$493.6
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$505.48
Costs to cover: 5.106%
Break-even: never at this rate

Slippage from Aster: live order book, 23 min ago; GRVT: live order book, 25 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, 23 min ago	4.23 bp	426.7 bp −$427	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 25 min ago	1.34 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit

WDC on 17 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 WDCUSDTlong	0.0000%	8h	449.61	long leg	$20K	$105K	20x
Extended WDC-USD	0.0000%	1h	449.71	+0.024%	$6K	$140K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	449.81	+0.045%	$7.8M	$25.5M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	449.60	−0.002%	$2.0M	$2.9M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	449.75	+0.032%	$1.2M	$1.2M	20x	as long as short
GRVT WDC_USDT_Perpshort	0.0000%	8h	449.75	+0.032%	$877	$176K	10x
BloFin WDC-USDT	+0.0012%	8h	449.67	+0.014%	$146K	$93K	20x	as long as short
Bybit WDCUSDT	+0.0032%	8h	449.62	+0.003%	$1.9M	$803K	25x	as long as short
Lighter WDC	+0.0032%	1h	449.22	−0.086%	—	—	10x	as long as short
OKX WDC-USDT-SWAP	+0.0046%	8h	449.99	+0.085%	$2.2M	$4.1M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WDC-USD	+0.0069%	1h	449.65	+0.009%	$1.1M	$3.8M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	449.38	−0.051%	$299K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.53	−0.017%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	449.80	+0.043%	—	$2.7M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	449.76	+0.034%	$33K	$9K	10x	as long as short
tradeXYZ xyz:WDC	+0.0250%	1h	449.60	−0.002%	$2.4M	$2.5M	10x	as long as short
edgeX WDCUSDC	+0.0683%	4h	449.78	+0.039%	$50K	$230K	10x	as long as short