Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%

Price spread now: Aster against gTrade (Gains Network)−0.399%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.399% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.399% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 14 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ARB/USD	0.2192	L +0.0005% / S −0.0009%	pay 0.0001% / 1h	34m 58s	$44K	—	150x
Short	Aster ARBUSDT	0.2184	0.0100	get 0.0100% / 8h	2h 34m	$629K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.399%Rate

Funding earned: $20.03
Price spread: −0.399% → 0.000%: −$39.89
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$37.87
Costs to cover: 0.180%
Break-even: 20.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	4.59 bp	12.4 bp −$12	24.6 bp −$246	doesn't fit	doesn't fit

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.

ARB on 36 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
Injective ARB/USDC PERP	−0.1581%	1h	0.2181	−0.515%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2190	−0.109%	$7K	$236	10x	as long as short
Variational Omni ARB	−0.0097%	8h	0.2186	−0.296%	$1.8M	$3.0M	—	as long as short
Polymarket Perps ARB-USD	−0.0093%	1h	0.2193	+0.051%	$78K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0083%	8h	0.2180	−0.561%	$21.6M	$142.6M	50x	as long as short
MEXC ARB_USDT	−0.0082%	8h	0.2182	−0.492%	$41.8M	$61.2M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0074%	1h	0.2192	0.000%	$1.1M	$4.4M	50x	as long as short
Bybit ARBUSDT	−0.0068%	8h	0.2179	−0.611%	$54.0M	$123.9M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0054%	8h	0.2192	−0.013%	$12K	$408K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2193	+0.017%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2193	+0.042%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USDlong	L +0.0005% / S −0.0009%	1h	0.2192	long leg	$44K	—	150x
Bitget ARBUSDT	+0.0053%	8h	0.2181	−0.515%	$20.8M	$34.3M	50x	as long as short
Gate ARB_USDT	+0.0060%	8h	0.2181	−0.501%	$5.4M	$18.2M	60x	as long as short
BingX ARB-USDT	+0.0072%	8h	0.2181	−0.529%	—	$53.8M	—	as long as short
Extended ARB-USD	+0.0080%	1h	0.2180	−0.558%	$350K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0082%	8h	0.2180	−0.551%	$62.4M	$300.3M	75x	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2191	−0.056%	$440K	$2.6M	10x	as long as short
Lighter ARB	+0.0096%	1h	0.2191	−0.068%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2193	+0.053%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2186	−0.291%	$36.7M	$48.7M	10x	as long as short
Aster ARBUSDTshort	+0.0100%	8h	0.2184	−0.399%	$629K	$1.7M	20x
Pacifica ARB	+0.0100%	1h	0.2192	−0.021%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2184	−0.387%	$19.5M	$14.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2184	−0.399%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2184	−0.378%	$472K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2185	−0.333%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2195	+0.124%	$1K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2192	−0.022%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2194	+0.064%	$292K	$894K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2191	−0.059%	$4.9M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0202%	8h	0.2189	−0.150%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2193	+0.015%	$830K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2196	+0.165%	$506K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2193	+0.049%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0720%	1h	0.2190	−0.123%	$982K	$2.8M	20x	as long as short