Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: Pacifica against KuCoin−0.013%46s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.653% of the position

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)+0.435%+$43 · spread now −0.013%, 7d avg +0.019%

Together, before fees+0.545%+ Points / potential airdropPacifica: Active · farm board+$55 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 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7410	0.0100	pay 0.0050% / 4h	2h 54m	$10.9M	$3.1M	75x
Short	Pacifica ASTER	0.7409	0.0100	get 0.0013% / 1h	54m 46s	$254K	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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 KuCoinbpFee PacificabpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.019%: −$3.16
Slippage, 4 orders: −$45.32
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$68.48
Costs to cover: 0.653%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Pacifica: live order book, 33 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 KuCoin live order book, 4 min ago	1.55 bp	17.9 bp −$18	91.4 bp −$914	doesn't fit	doesn't fit
Sell Pacifica live order book, 33 min ago	2.70 bp	11.0 bp −$11	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	−0.0160%	1h	0.7410	0.000%	$254K	$838K	50x	as long as short
Injective ASTER/USDC PERP	−0.0072%	1h	0.7377	−0.448%	$9	$54K	5.5x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7414	+0.055%	$57.0M	$99.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7407	−0.044%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7421	+0.147%	$11K	$117K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7416	+0.081%	$30K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7410	−0.003%	$8K	$4K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7424	+0.182%	$897K	$810K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7420	+0.132%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7415	+0.065%	$368K	$280K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTERshort	+0.0100%	1h	0.7409	−0.013%	$254K	$109K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7413	+0.038%	$91.0M	$106.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7406	−0.057%	$49.2M	$21.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7407	−0.043%	$11.9M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7417	+0.092%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7409	−0.016%	$33.9M	$16.1M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7410	long leg	$10.9M	$3.1M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7411	+0.011%	$18.1M	$6.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7407	−0.043%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7429	+0.252%	$281K	$295K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7406	−0.050%	$2.0M	$339K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7412	+0.025%	$456K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7404	−0.084%	$66K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7415	+0.065%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7421	+0.146%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7419	+0.119%	$243K	$118K	20x	as long as short
edgeX ASTERUSDC	+0.0100%	4h	0.7407	−0.042%	$214K	$1.9M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7409	−0.017%	$379K	$635K	25x	as long as short
Kraken Futures PF_ASTERUSD	+0.0261%	1h	0.7427	+0.232%	$289K	$417K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7416	+0.075%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7419	+0.119%	$3.5M	$1.8M	75x	as long as short
Hyperliquid ASTER	+0.0398%	1h	0.7418	+0.099%	$26.0M	$6.8M	5x	as long as short