Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against HTX−0.055%51s7-day average — · you buy dearer than you sell

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

Long on HTX 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 0.055% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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	HTX ASTER-USDT	0.7342	0.0100	pay 0.0050% / 4h	1h 05m	$245K	$202K	20x
Short	gTrade (Gains Network) ASTER/USD	0.7338	L +0.0006% / S −0.0005%	get 0.0001% / 1h	5m 20s	$24K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against HTX. 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 HTXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.055%Rate

Funding earned: −$20.02
Price spread: −0.055% → 0.000%: −$5.53
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$47.54
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 36 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 HTX live order book, 36 min ago	10.18 bp	102.0 bp −$102	doesn't fit	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.

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	−0.0024%	1h	0.7341	−0.010%	$254K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7338	−0.049%	$52.2M	$116.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7341	−0.020%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7341	−0.016%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USDshort	L +0.0006% / S −0.0005%	1h	0.7338	−0.055%	$24K	—	150x
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.654%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7347	+0.064%	$341K	$671K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0075%	4h	0.7331	−0.150%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7346	+0.048%	$889K	$956K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7339	−0.034%	$347K	$297K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7344	+0.028%	$258K	$114K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7338	−0.054%	$92.8M	$132.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7338	−0.054%	$49.6M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7340	−0.027%	$12.5M	$22.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7340	−0.027%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7340	−0.027%	$35.1M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7341	−0.019%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7339	−0.041%	$18.0M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7339	−0.041%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7341	−0.011%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7341	−0.010%	$451K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7341	−0.014%	$100K	$739K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7356	+0.191%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7343	+0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDTlong	+0.0100%	4h	0.7342	long leg	$245K	$202K	20x
Extended ASTER-USD	+0.0104%	1h	0.7340	−0.029%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7338	−0.051%	$214K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7341	−0.014%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0169%	1h	0.7349	+0.101%	$210K	$493K	10x	as long as short
Hyperliquid ASTER	+0.0254%	1h	0.7347	+0.063%	$25.1M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7335	−0.090%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7346	+0.054%	$3.6M	$2.1M	75x	as long as short