Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0205%/8h= −22.4% APRpaid last 24h −0.082%

Price spread now: Gate against GMX−0.053%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Gate

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.053% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ASTER/USD [WBTC.b-USDC]	0.7331	L +0.0305% / S −0.0215%	pay 0.0038% / 1h	58m 42s	$28K	—	100x
Short	Gate ASTER_USDT	0.7327	0.0100	get 0.0050% / 4h	3h 58m	$6.3M	$5.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GMX. 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 GMXbpFee GatebpOrdersPrice spread, now −0.053%Rate

Funding earned: −$42.96
Price spread: −0.053% → 0.000%: −$5.28
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$75.24
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Gate: live order book, 5 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 GMX no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	2.04 bp	19.5 bp −$19	36.6 bp −$366	120.2 bp −$12.0K	doesn't fit

GMX: 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	−1.3266%	1h	0.7236	−1.293%	$11K	$56K	25x	as long as short
SoDEX ASTER-USD	−0.0221%	1h	0.7325	−0.080%	$13K	$8K	5x	as long as short
01 Exchange ASTERUSD	−0.0032%	1h	0.7331	+0.002%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7329	−0.023%	$51.7M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7334	+0.041%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7331	−0.003%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7334	+0.039%	$255K	$1.3M	50x	as long as short
Extended ASTER-USD	+0.0024%	1h	0.7333	+0.032%	$367K	$654K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.807%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0081%	4h	0.7333	+0.029%	$13K	$1K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ASTERUSD	+0.0095%	1h	0.7327	−0.052%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7336	+0.063%	$887K	$913K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7337	+0.086%	$346K	$293K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7340	+0.129%	$25.2M	$8.1M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7333	+0.033%	$258K	$113K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7331	−0.002%	$92.6M	$130.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7332	+0.015%	$49.6M	$26.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7330	−0.012%	$12.4M	$22.4M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7327	−0.053%	$6.3M	$5.7M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7333	+0.029%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7330	−0.009%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7333	+0.029%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7330	−0.012%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7331	+0.007%	$210K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7335	+0.056%	$2.1M	$398K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7334	+0.047%	$450K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7337	+0.084%	$112K	$748K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7337	+0.084%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7340	+0.125%	$245K	$203K	20x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7333	+0.035%	$213K	$2.2M	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]long	L +0.0305% / S −0.0215%	1h	0.7331	long leg	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7327	−0.053%	$3.6M	$2.1M	75x	as long as short