Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Aster against Gate+0.087%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.087% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BASED_USDT	0.06809	0.0100	pay 0.0050% / 4h	55m 00s	$534K	$578K	50x
Short	Aster BASEDUSDT	0.06815	0.0100	get 0.0050% / 4h	55m 00s	$29K	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpFee AsterbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → 0.000%: $8.72
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$14.28
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Aster: 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 Gate live order book, 1 min ago	8.81 bp	35.8 bp −$36	6063.3 bp −$60.6K	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

BASED on 15 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
Aster BASEDUSDTshort	+0.0100%	4h	0.06815	+0.087%	$29K	$6K	5x
Binance BASEDUSDT	+0.0100%	4h	0.06811	+0.023%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06807	−0.029%	$2.1M	$683K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06813	+0.059%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDTlong	+0.0100%	4h	0.06809	long leg	$534K	$578K	50x
MEXC BASED_USDT	+0.0100%	4h	0.06817	+0.117%	$4.9M	$591K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06813	+0.059%	$568K	$72K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06821	+0.176%	$1.3M	$366K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06812	+0.044%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06809	−0.002%	$94K	$15K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06809	−0.006%	$94K	$380K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06815	+0.088%	$1K	$886K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06809	−0.001%	$1K	$197K	5x	as long as short
BloFin BASED-USDT	+0.0107%	4h	0.06818	+0.132%	$260K	$47K	25x	as long as short
Orderly PERP_BASED_USDC	+0.0236%	4h	0.06818	+0.132%	$3K	$664	10x	as long as short