Settings8H · net · $10k
Funding arb · Price arb /

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h −0.008%
Price spread now: Aster against Gate−0.159%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.159% cheaper against Gate than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.5 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GMT_USDT0.008560−0.0037get 0.0037% / 8h5h 38m$150K$176K50x
ShortAster GMTUSDT0.0085460.0044get 0.0022% / 4h1h 38m$8K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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

Funding earned
$17.01
Price spread: −0.159% → 0.000%
−$15.9
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.89
Costs to cover
0.230%
Break-even
16.0 days
Slippage unknown: Gate: live order book, 18 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 18 min ago11.67 bp65.0 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

GMT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSD−0.1567%1h0.008542−0.205%$44K$13K20xas long as short
KuCoin GMTUSDTM−0.0498%4h0.008550−0.117%$280K$192K50xas long as short
OKX GMT-USDT-SWAP−0.0263%4h0.008534−0.304%$392K$1.1M20xas long as short
Bybit GMTUSDT−0.0235%8h0.008544−0.187%$1.1M$1.9M50xas long as short
Gate GMT_USDTlong−0.0037%8h0.008560long leg$150K$176K50x
Aster GMTUSDTshort+0.0044%4h0.008546−0.159%$8K$21K10x
Variational Omni GMT+0.0083%8h0.008552−0.090%$4K$5Kas long as short
Hyperliquid GMT+0.0100%1h0.008549−0.129%$116K$147K3xas long as short
Binance GMTUSDT+0.0100%4h0.008548−0.143%$2.9M$5.0M50xas long as short
MEXC GMT_USDT+0.0100%4h0.008549−0.129%$443K$211K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008551−0.105%$676K$620K50xas long as short
BingX GMT-USDT+0.0100%4h0.008546−0.164%$1.2Mas long as short