Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.062%

Price spread now: Pacifica against BloFin−0.050%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.385%−$38 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.050%, 7d avg +0.020%

Together, before fees−0.329%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.070% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7465	0.0340	pay 0.0170% / 4h	35m 01s	$3.5M	$1.9M	75x
Short	Pacifica ASTER	0.7461	0.0100	get 0.0013% / 1h	35m 01s	$256K	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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 BloFinbpFee PacificabpOrdersPrice spread, now −0.050%Rate

Funding earned: −$50.4
Price spread: −0.050% → +0.020%: −$6.99
Slippage, 4 orders: −$20.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$98.19
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Pacifica: live order book, 43 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 BloFin live order book, 3 min ago	1.34 bp	10.3 bp −$10	14.9 bp −$149	43.0 bp −$4,296	doesn't fit
Sell Pacifica live order book, 43 min ago	4.32 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit

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	0.7458	−0.090%	$261K	$856K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7460	−0.067%	$56.9M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7465	0.000%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7459	−0.087%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7461	−0.058%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	−0.023%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.005%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	−0.027%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7462	−0.037%	$374K	$268K	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7461	−0.050%	$256K	$104K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7461	−0.054%	$91.4M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7461	−0.054%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7461	−0.054%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7462	−0.040%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7459	−0.080%	$35.2M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7459	−0.079%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7462	−0.040%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7461	−0.054%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7456	−0.119%	$251K	$376K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7468	+0.042%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7470	+0.067%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7471	+0.080%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7461	−0.054%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7468	+0.040%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7458	−0.094%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7466	+0.013%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7462	−0.036%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	+0.028%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7465	0.000%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7460	−0.072%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0333%	1h	0.7469	+0.052%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7465	long leg	$3.5M	$1.9M	75x