Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.104%
Price spread now: Kraken Futures against GMX+0.115%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.115% dearer against GMX than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ASTER/USD [WBTC.b-USDC]0.7271L +0.0303% / S −0.0215%pay 0.0038% / 1h22m 26s$27K100x
ShortKraken Futures PF_ASTERUSD0.72800.0206get 0.0026% / 1h22m 26s$338K$609K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$20.44
Price spread: +0.115% → 0.000%
$11.54
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$30.9
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures live order book, 31 min ago3.43 bp18.9 bp −$1937.6 bp −$376doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTX−0.0064%1h0.7280+0.123%$252K$1.1M50xas long as short
Aster ASTERUSDT0.0000%4h0.7269−0.030%$52.5M$111.9M200xas long as short
dYdX ASTER-USD0.0000%1h0.7269−0.033%$14K$1K5xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7276+0.067%$11K$72K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0005%1h0.7272+0.012%$23K150xas long as short
Injective ASTER/USDC PERP+0.0033%1h0.7390+1.635%$9$133K5.5xas long as short
01 Exchange ASTERUSD+0.0040%1h0.7263−0.112%$8K$4K10xas long as short
Orderly PERP_ASTER_USDC+0.0065%4h0.7269−0.030%$13K$1K10xas long as short
Lighter ASTER+0.0096%1h0.7271−0.005%$879K$919K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7269−0.030%$361K$272K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ASTER+0.0100%1h0.7276+0.068%$24.8M$8.0M5xas long as short
Pacifica ASTER+0.0100%1h0.7270−0.016%$253K$81K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7269−0.030%$89.9M$121.9M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7269−0.030%$48.9M$25.4M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7274+0.039%$12.5M$20.2M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7268−0.043%$6.4M$5.7M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7266−0.071%$33.8M$20.1M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7269−0.024%$10.8M$3.3M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7268−0.043%$17.7M$7.8M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7271−0.002%$9.9Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7280+0.122%$209K$500K10xas long as short
Variational Omni ASTER+0.0100%4h0.7278+0.096%$2.1M$416Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7283+0.169%$456K$4.0M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7288+0.232%$99K$731K50xas long as short
SunX ASTER-USDT+0.0100%4h0.7287+0.218%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7274+0.039%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7280+0.122%$242K$143K20xas long as short
Extended ASTER-USD+0.0104%1h0.7267−0.052%$365K$635K25xas long as short
edgeX ASTERUSDC+0.0108%4h0.7283+0.168%$211K$2.2M10xas long as short
Kraken Futures PF_ASTERUSDshort+0.0206%1h0.7280+0.115%$338K$609K20x
GMX ASTER/USD [WBTC.b-USDC]longL +0.0303% / S −0.0215%1h0.7271long leg$27K100x
BloFin ASTER-USDT+0.0340%4h0.7278+0.094%$3.5M$2.1M75xas long as short