Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h −0.003%

Price spread now: Pacifica against edgeX+0.681%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs+$29as in the Price arb table

costs, in and out, $10k−$330.331% of the position

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.672%−$67 · spread now +0.681%, 7d avg +0.059%

Together, before fees−0.635%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$64 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 0.622% dearer against edgeX than usual: you sell high and buy low, +$62 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ASTERUSDC	0.7243	0.0106	pay 0.0053% / 4h	31m 34s	$210K	$2.1M	10x
Short	Pacifica ASTER	0.7293	0.0100	get 0.0013% / 1h	31m 34s	$254K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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 edgeXbpFee PacificabpOrdersPrice spread, now +0.681%Rate

Funding earned: −$1.16
Price spread: +0.681% → +0.059%: $62.21
Slippage, 4 orders: −$16.13
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $27.91
Costs to cover: 0.331%
Break-even: from the start

Slippage from edgeX: live order book, 2 min ago; Pacifica: live order book, 27 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 edgeX live order book, 2 min ago	2.75 bp	7.3 bp −$7	14.6 bp −$146	doesn't fit	doesn't fit
Sell Pacifica live order book, 27 min ago	3.28 bp	9.8 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	−0.0072%	1h	0.7279	+0.487%	$254K	$985K	50x	as long as short
01 Exchange ASTERUSD	−0.0048%	1h	0.7293	+0.685%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0020%	4h	0.7291	+0.657%	$53.3M	$109.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7291	+0.652%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7283	+0.541%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7282	+0.539%	$31K	—	150x	as long as short
SoDEX ASTER-USD	+0.0031%	1h	0.7284	+0.561%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.024%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0068%	4h	0.7283	+0.547%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7293	+0.681%	$882K	$921K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7292	+0.677%	$359K	$264K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7299	+0.771%	$25.3M	$6.9M	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7293	+0.681%	$254K	$80K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7293	+0.679%	$89.3M	$118.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7291	+0.657%	$48.9M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7295	+0.713%	$12.2M	$19.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7290	+0.643%	$6.4M	$5.6M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7290	+0.643%	$33.4M	$18.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7288	+0.623%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7293	+0.685%	$17.8M	$7.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7293	+0.685%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7288	+0.616%	$218K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7217	−0.361%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7256	+0.180%	$448K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7279	+0.492%	$88K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7291	+0.657%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7279	+0.492%	$242K	$140K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7292	+0.665%	$363K	$638K	25x	as long as short
edgeX ASTERUSDClong	+0.0106%	4h	0.7243	long leg	$210K	$2.1M	10x
Kraken Futures PF_ASTERUSD	+0.0283%	1h	0.7288	+0.616%	$339K	$577K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7283	+0.547%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7274	+0.423%	$3.5M	$2.1M	75x	as long as short