Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.032%

Price spread now: GMX against MEXC−0.031%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on GMX

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. GMX is 0.031% cheaper against MEXC than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 22 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	MEXC ASTER_USDT	0.7435	0.0100	pay 0.0050% / 4h	3h 54m	$35.0M	$16.5M	100x
Short	GMX ASTER/USD [WBTC.b-USDC]	0.7433	L +0.0305% / S −0.0215%	get 0.0027% / 1h	54m 45s	$28K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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 MEXCbpFee GMXbpOrdersPrice spread, now −0.031%Rate

Funding earned: $24.06
Price spread: −0.031% → 0.000%: −$3.12
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $8.94
Costs to cover: 0.120%
Break-even: 4.4 days

Slippage unknown: MEXC: live order book, 4 min ago; GMX: no order-book sample. 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 MEXC live order book, 4 min ago	0.67 bp	2.2 bp −$2	5.7 bp −$57	27.4 bp −$2,740	123.2 bp −$61.6K
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0080%	1h	0.7449	+0.188%	$265K	$866K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0047%	1h	0.7433	−0.022%	$216K	$402K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7439	+0.052%	$56.5M	$101.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7446	+0.146%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7431	−0.047%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7435	0.000%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.605%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7438	+0.040%	$342K	$500K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7437	+0.026%	$921K	$872K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7432	−0.040%	$8K	$4K	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	+0.0096%	4h	0.7438	+0.040%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7443	+0.108%	$372K	$267K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7450	+0.203%	$255K	$104K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7439	+0.058%	$91.3M	$108.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7443	+0.108%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7440	+0.067%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7440	+0.067%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDTlong	+0.0100%	4h	0.7435	long leg	$35.0M	$16.5M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7440	+0.074%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7437	+0.027%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7440	+0.067%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7450	+0.208%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7451	+0.215%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7451	+0.215%	$66K	$717K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7440	+0.067%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7432	−0.040%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7442	+0.094%	$243K	$119K	20x	as long as short
edgeX ASTERUSDC	+0.0102%	4h	0.7450	+0.204%	$215K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7438	+0.041%	$374K	$641K	25x	as long as short
Hyperliquid ASTER	+0.0269%	1h	0.7448	+0.172%	$25.9M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]short	L +0.0305% / S −0.0215%	1h	0.7433	−0.031%	$28K	—	100x
BloFin ASTER-USDT	+0.0340%	4h	0.7435	0.000%	$3.5M	$1.9M	75x	as long as short