Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.100%

Price spread now: BloFin against gTrade (Gains Network)+0.224%50s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.224% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	gTrade (Gains Network) ASTER/USD	0.7259	L +0.0006% / S −0.0005%	pay 0.0001% / 1h	29m 55s	$23K	—	150x
Short	BloFin ASTER-USDT	0.7275	0.0340	get 0.0170% / 4h	3h 29m	$3.6M	$2.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.224%Rate

Funding earned: $70.24
Price spread: +0.224% → 0.000%: $22.39
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $70.62
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: 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 BloFin live order book, 3 min ago	1.37 bp	7.4 bp −$7	13.0 bp −$130	46.0 bp −$4,602	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.

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	−0.0122%	1h	0.7258	−0.005%	$11K	$56K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7260	+0.017%	$51.0M	$112.4M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7254	−0.069%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USDlong	L +0.0006% / S −0.0005%	1h	0.7259	long leg	$23K	—	150x
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7249	−0.132%	$251K	$1.3M	50x	as long as short
Bybit ASTERUSDT	+0.0032%	4h	0.7259	+0.003%	$49.1M	$26.3M	75x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.808%	$9	$133K	5.5x	as long as short
Gate ASTER_USDT	+0.0034%	4h	0.7260	+0.017%	$6.3M	$5.8M	75x	as long as short
Extended ASTER-USD	+0.0048%	1h	0.7262	+0.047%	$364K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0056%	1h	0.7252	−0.093%	$6K	$7K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ASTER_USDC	+0.0080%	4h	0.7258	−0.010%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7261	+0.028%	$881K	$921K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7262	+0.048%	$333K	$640K	20x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7259	+0.003%	$343K	$290K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7259	+0.008%	$256K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7262	+0.051%	$91.7M	$130.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7261	+0.031%	$12.3M	$22.3M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7263	+0.059%	$34.1M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7259	+0.008%	$11.0M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7260	+0.017%	$17.8M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7260	+0.017%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7262	+0.043%	$208K	$474K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7271	+0.173%	$2.1M	$430K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7302	+0.593%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7278	+0.265%	$111K	$730K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7268	+0.127%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7260	+0.017%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7255	−0.052%	$242K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7280	+0.287%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0158%	1h	0.7267	+0.112%	$24.9M	$7.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7261	+0.026%	$27K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7275	+0.224%	$3.6M	$2.1M	75x