Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0115%/8hpaid last 24h +0.030%

Price spread now: GMX against Binance+0.051%7-day average — · you sell dearer than you buy

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

Long on Binance Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.051% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread 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	Binance ASTERUSDT	0.7378	0.0100	pay 0.0050% / 4h	7m 01s	$90.5M	$104.7M	75x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7382	L +0.0304% / S −0.0215%	get 0.0027% / 1h	7m 01s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $24.06
Price spread: +0.051% → 0.000%: $5.09
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $7.15
Costs to cover: 0.220%
Break-even: 4.9 days

Slippage unknown: Binance: live order book, 10 min ago; GMX: 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 Binance live order book, 10 min ago	0.68 bp	7.2 bp −$7	15.6 bp −$156	80.0 bp −$8,000	310.8 bp −$155.4K
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

ASTER on 32 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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7365	−0.178%	$251K	$832K	50x	as long as short
Kraken Futures PF_ASTERUSD	−0.0116%	1h	0.7384	+0.076%	$286K	$417K	20x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7379	+0.014%	$57.3M	$99.1M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7381	+0.041%	$11K	$118K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7382	+0.055%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7386	+0.103%	$9	$32K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7385	+0.085%	$892K	$806K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7383	+0.063%	$371K	$300K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7382	+0.053%	$251K	$106K	10x	as long as short
Binance ASTERUSDTlong	+0.0100%	4h	0.7378	long leg	$90.5M	$104.7M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7378	−0.005%	$48.9M	$21.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7379	+0.009%	$11.8M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7381	+0.036%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7380	+0.022%	$33.3M	$15.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7380	+0.022%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7378	−0.005%	$18.0M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7380	+0.022%	—	$9.4M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7383	+0.069%	$2.0M	$284K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7388	+0.125%	$459K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7393	+0.198%	$66K	$712K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7381	+0.036%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7387	+0.117%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7379	+0.009%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7382	+0.049%	$240K	$111K	20x	as long as short
edgeX ASTERUSDC	+0.0103%	4h	0.7389	+0.149%	$213K	$2.1M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7382	+0.049%	$381K	$640K	25x	as long as short
Backpack ASTER_USDC_PERP	+0.0192%	1h	0.7387	+0.112%	$281K	$294K	10x	as long as short
dYdX ASTER-USD	+0.0198%	1h	0.7381	+0.032%	$13K	$61	5x	as long as short
01 Exchange ASTERUSD	+0.0240%	1h	0.7387	+0.117%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0304% / S −0.0215%	1h	0.7382	+0.051%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7377	−0.018%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0366%	1h	0.7390	+0.155%	$25.9M	$6.9M	5x	as long as short