Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%

Price spread now: Pacifica against Bybit+0.090%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on Bybit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.090%, 7d avg +0.030%

Together, before fees+0.003%+ Points / potential airdropPacifica: Active · farm board$0 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: Pacifica is 0.060% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTERUSDT	0.7410	0.0100	pay 0.0050% / 4h	1h 39m	$49.6M	$21.8M	75x
Short	Pacifica ASTER	0.7417	0.0100	get 0.0013% / 1h	39m 05s	$254K	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bybit. 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 BybitbpFee PacificabpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → +0.030%: $5.99
Slippage, 4 orders: −$24.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$37.31
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Pacifica: live order book, 44 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 Bybit live order book, 5 min ago	0.68 bp	11.3 bp −$11	32.8 bp −$328	doesn't fit	doesn't fit
Sell Pacifica live order book, 44 min ago	4.03 bp	12.5 bp −$12	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	0.7397	−0.175%	$251K	$825K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7413	+0.045%	$56.7M	$99.5M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7411	+0.016%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7415	+0.063%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	0.000%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7416	+0.082%	$913K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	+0.067%	$371K	$273K	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7417	+0.090%	$254K	$107K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7410	+0.002%	$90.8M	$106.5M	75x	as long as short
Bybit ASTERUSDTlong	+0.0100%	4h	0.7410	long leg	$49.6M	$21.8M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7412	+0.027%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7412	+0.027%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7410	0.000%	$34.2M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7413	+0.036%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7412	+0.027%	$18.2M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7412	+0.027%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7412	+0.022%	$263K	$324K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7408	−0.025%	$2.1M	$362K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7405	−0.065%	$460K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7405	−0.067%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7411	+0.013%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7422	+0.162%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7412	+0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7411	+0.013%	$242K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7405	−0.070%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7410	+0.003%	$376K	$635K	25x	as long as short
dYdX ASTER-USD	+0.0129%	1h	0.7415	+0.068%	$13K	$61	5x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7418	+0.108%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7416	+0.081%	$286K	$420K	20x	as long as short
Hyperliquid ASTER	+0.0177%	1h	0.7419	+0.126%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7414	+0.051%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7411	+0.013%	$3.4M	$1.8M	75x	as long as short