Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate−0.135%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.135% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it 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	Gate NOT_USDT	0.0005020	0.0100	pay 0.0050% / 4h	1h 36m	$139K	$57K	50x
Short	Aster NOTUSDT	0.0005013	0.0100	get 0.0050% / 4h	1h 36m	$14K	$9K	5x

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

Position, each leg$Hold fordaysFee GatebpFee AsterbpOrdersPrice spread, now −0.135%Rate

Funding earned: $0
Price spread: −0.135% → 0.000%: −$13.55
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$36.55
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 64 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 64 min ago	9.00 bp	42.1 bp −$42	doesn't fit	doesn't fit	doesn'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.

NOT on 16 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
Variational Omni NOT	−0.0012%	4h	0.0005022	+0.032%	$71K	$38K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−2.908%	$1K	$13K	5.5x	as long as short
KuCoin NOTUSDTM	+0.0066%	4h	0.0005009	−0.219%	$476K	$136K	50x	as long as short
BloFin NOT-USDT	+0.0078%	4h	0.0005013	−0.139%	$108K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005022	+0.032%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005010	−0.199%	$337K	$69K	3x	as long as short
Aster NOTUSDTshort	+0.0100%	4h	0.0005013	−0.135%	$14K	$9K	5x
Binance NOTUSDT	+0.0100%	4h	0.0005009	−0.219%	$2.0M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005002	−0.359%	$2.1M	$887K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005010	−0.199%	$637K	$704K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDTlong	+0.0100%	4h	0.0005020	long leg	$139K	$57K	50x
MEXC NOT_USDT	+0.0100%	4h	0.0005008	−0.239%	$1.3M	$437K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005016	−0.080%	$670K	$503K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005007	−0.259%	—	$731K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005013	−0.140%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1948%	1h	0.0005020	+0.008%	$49K	$9K	10x	as long as short