Funding arb · Price arb /

H

all H markets

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 0.000%

Price spread now: Gate against Aster−0.133%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$577as in the Price arb table

costs, in and out, $10k−$5665.658% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.109%−$11 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.133%, 7d avg −0.020%

Together, before fees−0.019%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.112% cheaper against Aster than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HUSDT	0.06721	0.0100	pay 0.0050% / 4h	1h 40m	$110K	$56K	5x
Short	Gate H_USDT	0.06712	0.0100	get 0.0050% / 4h	1h 40m	$2.8M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now −0.133%Rate

Funding earned: $0
Price spread: −0.133% → −0.020%: −$11.23
Slippage, 4 orders: −$542.77
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$576.99
Costs to cover: 5.658%
Break-even: never at this rate

Slippage from Aster: live order book, 20 min ago; Gate: live order book, 3 min ago.

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 Aster live order book, 20 min ago	3.68 bp	79.2 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.94 bp	107.8 bp −$108	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−7.007%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0058%	4h	0.06711	−0.147%	$1.6M	$10.0M	8x	as long as short
Aster HUSDTlong	+0.0100%	4h	0.06721	long leg	$110K	$56K	5x
Binance HUSDT	+0.0100%	4h	0.06723	+0.030%	$14.4M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06713	−0.118%	$7.4M	$4.8M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06722	+0.016%	$1.8M	$6.0M	10x	as long as short
Gate H_USDTshort	+0.0100%	4h	0.06712	−0.133%	$2.8M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06721	+0.001%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06697	−0.356%	$1.7M	$458K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06716	−0.073%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06708	−0.189%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06752	+0.465%	$1.1M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06721	+0.003%	$10K	$101K	5x	as long as short
BloFin H-USDT	+0.0133%	4h	0.06731	+0.150%	$586K	$110K	25x	as long as short