Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.027%

Price spread now: BingX against gTrade (Gains Network)−0.042%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 BingX

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

Funding pays, the price is against you. BingX is 0.042% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 36 hours 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) ASTER/USD	0.7430	L +0.0006% / S −0.0007%	pay 0.0001% / 1h	14m 18s	$30K	—	150x
Short	BingX ASTER-USDT	0.7427	0.0100	get 0.0050% / 4h	2h 14m	—	$9.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $19.72
Price spread: −0.042% → 0.000%: −$4.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$4.45
Costs to cover: 0.200%
Break-even: 8.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago	2.02 bp	7.0 bp −$7	11.0 bp −$110	45.1 bp −$4,505	164.9 bp −$82.5K

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
Deribit ASTER_USDC-PERPETUAL	−0.0180%	1h	0.7430	0.000%	$11K	$87K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0160%	1h	0.7442	+0.157%	$252K	$832K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7410	−0.271%	$9	$96K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7426	−0.055%	$56.9M	$99.8M	200x	as long as short
dYdX ASTER-USD	+0.0002%	1h	0.7434	+0.059%	$13K	$61	5x	as long as short
gTrade (Gains Network) ASTER/USDlong	L +0.0006% / S −0.0007%	1h	0.7430	long leg	$30K	—	150x
Lighter ASTER	+0.0096%	1h	0.7432	+0.028%	$915K	$852K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7434	+0.052%	$371K	$277K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7431	+0.010%	$255K	$108K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7427	−0.039%	$91.1M	$106.3M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7430	−0.001%	$49.7M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7428	−0.028%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7429	−0.015%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7431	+0.012%	$34.1M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7434	+0.050%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7431	+0.012%	$18.2M	$6.2M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7427	−0.042%	—	$9.6M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7431	+0.009%	$266K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	+0.001%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7435	+0.070%	$457K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7434	+0.052%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7435	+0.066%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7438	+0.106%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7430	−0.001%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7433	+0.039%	$243K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7429	−0.016%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7434	+0.052%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0160%	1h	0.7430	−0.001%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7435	+0.064%	$286K	$419K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7429	−0.015%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7431	+0.012%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0488%	1h	0.7439	+0.114%	$26.1M	$6.7M	5x	as long as short