Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0205%/8h= −22.4% APRpaid last 24h −0.053%

Price spread now: HTX against GMX−0.134%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 HTX

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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.134% cheaper against GMX than usual: you would sell low and buy high (−$13 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]	0.7412	L +0.0305% / S −0.0215%	pay 0.0038% / 1h	6m 57s	$28K	—	100x
Short	HTX ASTER-USDT	0.7402	0.0100	get 0.0050% / 4h	1h 06m	$242K	$119K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$42.96
Price spread: −0.134% → 0.000%: −$13.37
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$80.33
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; HTX: live order book, 10 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 HTX live order book, 10 min ago	6.74 bp	23.6 bp −$24	doesn't fit	doesn't fit	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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7406	−0.077%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7415	+0.042%	$56.6M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7415	+0.038%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7411	−0.016%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.296%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0054%	1h	0.7406	−0.080%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7419	+0.098%	$918K	$880K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7413	+0.015%	$372K	$270K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7408	−0.054%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7415	+0.047%	$90.8M	$106.8M	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	0.7415	+0.042%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7415	+0.042%	$12.0M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7415	+0.042%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7413	+0.015%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7413	+0.012%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7417	+0.069%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7415	+0.042%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7415	+0.047%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7412	+0.008%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7417	+0.063%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7418	+0.082%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7413	+0.015%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7420	+0.109%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7415	+0.042%	$13K	$8K	5x	as long as short
HTX ASTER-USDTshort	+0.0100%	4h	0.7402	−0.134%	$242K	$119K	20x
Extended ASTER-USD	+0.0104%	1h	0.7415	+0.036%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0115%	4h	0.7412	+0.006%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7411	−0.012%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0144%	1h	0.7424	+0.166%	$25.8M	$6.8M	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7421	+0.121%	$335K	$489K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]long	L +0.0305% / S −0.0215%	1h	0.7412	long leg	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7410	−0.026%	$3.4M	$1.9M	75x	as long as short