Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Aster+0.048%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 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 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.048% dearer against Aster than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2187	0.0100	pay 0.0100% / 8h	5h 52m	$626K	$1.6M	20x
Short	gTrade (Gains Network) ARB/USD	0.2188	L +0.0005% / S −0.0006%	get 0.0001% / 1h	52m 54s	$73K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.048%Rate

Funding earned: −$19.75
Price spread: +0.048% → 0.000%: $4.84
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.91
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; gTrade (Gains Network): 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 Aster live order book, 3 min ago	2.97 bp	13.2 bp −$13	80.1 bp −$801	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

ARB on 36 exchanges

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
Injective ARB/USDC PERP	−0.1736%	1h	0.2177	−0.466%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0230%	1h	0.2188	+0.020%	$1.1M	$4.2M	50x	as long as short
Bybit ARBUSDT	−0.0197%	8h	0.2185	−0.086%	$53.8M	$122.3M	50x	as long as short
SoDEX ARB-USD	−0.0175%	1h	0.2187	−0.032%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0143%	8h	0.2186	−0.073%	$22.8M	$142.6M	50x	as long as short
MEXC ARB_USDT	−0.0141%	8h	0.2185	−0.100%	$44.2M	$61.0M	200x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2188	+0.019%	$7K	$414	10x	as long as short
Binance ARBUSDT	−0.0035%	8h	0.2187	−0.007%	$64.0M	$289.2M	75x	as long as short
Extended ARB-USD	−0.0032%	1h	0.2185	−0.118%	$359K	$3.0M	25x	as long as short
Variational Omni ARB	−0.0030%	8h	0.2186	−0.050%	$1.8M	$2.6M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	−0.0024%	1h	0.2188	+0.023%	$29K	$36K	25x	as long as short
Orderly PERP_ARB_USDC	−0.0019%	8h	0.2187	−0.009%	$16K	$408K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2188	+0.025%	$64K	$3K	10x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0006%	1h	0.2188	+0.048%	$73K	—	150x
Polymarket Perps ARB-USD	+0.0025%	1h	0.2187	−0.004%	$73K	$1.9M	10x	as long as short
Gate ARB_USDT	+0.0029%	8h	0.2187	−0.004%	$5.4M	$16.3M	60x	as long as short
Phemex ARBUSDT	+0.0034%	8h	0.2187	−0.009%	$4.7M	$12.6M	50x	as long as short
Aevo ARB-PERP	+0.0072%	1h	0.2188	+0.037%	$139K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0086%	8h	0.2187	+0.005%	$3.0M	$2.1M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2189	+0.064%	$1.3M	$5.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2189	+0.078%	$35.6M	$49.5M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2187	long leg	$626K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2189	+0.076%	$42K	$143K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.023%	$19.0M	$13.4M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2187	−0.009%	$21.0M	$33.6M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2184	−0.132%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2188	+0.048%	$40K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2188	+0.034%	$469K	$3.3M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2186	−0.054%	$118K	$311K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2190	+0.128%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2187	+0.005%	$296K	$816K	50x	as long as short
Backpack ARB_USDC_PERP	+0.0146%	1h	0.2190	+0.110%	$975K	$2.7M	20x	as long as short
RISEx ARB/USDC	+0.0271%	1h	0.2189	+0.063%	$543K	$2.4M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0282% / S −0.0166%	1h	0.2188	+0.031%	$847K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2187	−0.026%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0424%	1h	0.2196	+0.384%	$524K	$1.4M	50x	as long as short