Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Nado+0.073%7-day average −0.020% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 3 days (all we have)−0.205%−$20 · spread now +0.073%, 7d avg −0.020%

Together, before fees−0.195%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$19 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 0.094% dearer against Nado than usual: you sell high and buy low, +$9 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	Nado ASTER-PERP	0.7425	0.0100	pay 0.0012% / 1h	46m 26s	$371K	$266K	5x
Short	Pacifica ASTER	0.7430	0.0100	get 0.0013% / 1h	46m 26s	$255K	$103K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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 NadobpFee PacificabpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → −0.020%: $9.35
Slippage, 4 orders: −$23.94
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$29.59
Costs to cover: 0.389%
Break-even: 1519873425773650.8 days

Slippage from Nado: live order book, 26 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 Nado live order book, 26 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell Pacifica live order book, 27 min ago	4.97 bp	9.3 bp −$9	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
Backpack ASTER_USDC_PERP	−0.0113%	1h	0.7427	+0.026%	$215K	$404K	10x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7416	−0.123%	$264K	$867K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7427	+0.030%	$56.4M	$101.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7426	+0.011%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7427	+0.024%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7421	−0.059%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.471%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0076%	1h	0.7431	+0.081%	$341K	$507K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0094%	4h	0.7426	+0.013%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7432	+0.097%	$917K	$879K	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-PERPlong	+0.0100%	1h	0.7425	long leg	$371K	$266K	5x
Pacifica ASTERshort	+0.0100%	1h	0.7430	+0.073%	$255K	$103K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7421	−0.054%	$91.0M	$108.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7423	−0.027%	$49.6M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7422	−0.040%	$12.0M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7428	+0.040%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7425	0.000%	$35.0M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7426	+0.013%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7422	−0.040%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7421	−0.054%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7423	−0.022%	$2.1M	$373K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7420	−0.064%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7427	+0.027%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7433	+0.108%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7427	+0.027%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7419	−0.081%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7423	−0.021%	$372K	$641K	25x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7429	+0.054%	$8K	$4K	10x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7417	−0.101%	$214K	$1.9M	10x	as long as short
Hyperliquid ASTER	+0.0238%	1h	0.7430	+0.069%	$25.8M	$6.9M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7421	−0.058%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7423	−0.027%	$3.5M	$1.9M	75x	as long as short