Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against BingX−0.039%7-day average — · you buy dearer than you sell

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

Long on BingX Short on gTrade (Gains Network)

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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.039% cheaper against BingX than usual: you would sell low and buy high (−$4 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	BingX ASTER-USDT	0.7384	0.0100	pay 0.0050% / 4h	2h 03m	—	$9.6M	—
Short	gTrade (Gains Network) ASTER/USD	0.7381	L +0.0006% / S −0.0010%	get 0.0001% / 1h	3m 59s	$34K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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 BingXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.039%Rate

Funding earned: −$18.95
Price spread: −0.039% → 0.000%: −$3.9
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$42.85
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 4 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 BingX live order book, 4 min ago	2.04 bp	8.0 bp −$8	12.1 bp −$121	47.9 bp −$4,787	372.7 bp −$186.3K
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.

ASTER on 31 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	−0.0080%	1h	0.7342	−0.566%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7383	−0.014%	$55.2M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7379	−0.065%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USDshort	L +0.0006% / S −0.0010%	1h	0.7381	−0.039%	$34K	—	150x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.081%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7384	0.000%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0084%	1h	0.7372	−0.166%	$15K	$1K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7380	−0.054%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7382	−0.028%	$896K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7381	−0.039%	$368K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7387	+0.038%	$25.6M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7378	−0.080%	$257K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7385	+0.007%	$90.6M	$110.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7383	−0.014%	$49.4M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7389	+0.068%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7380	−0.054%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7381	−0.041%	$33.7M	$18.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7383	−0.008%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7380	−0.054%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDTlong	+0.0100%	4h	0.7384	long leg	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7384	−0.001%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7360	−0.329%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	−0.535%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7355	−0.393%	$66K	$714K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7386	+0.027%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7377	−0.095%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7378	−0.081%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7382	−0.030%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0116%	4h	0.7353	−0.425%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0227%	1h	0.7380	−0.059%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7380	−0.053%	$28K	—	100x	as long as short