Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.010%

Price spread now: Pacifica against Orderly−0.004%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ASTER_USDC	0.7293	0.0069	pay 0.0035% / 4h	31m 26s	$14K	$845	10x
Short	Pacifica ASTER	0.7293	0.0100	get 0.0013% / 1h	31m 26s	$254K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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 OrderlybpFee PacificabpOrdersPrice spread, now −0.004%Rate

Funding earned: $6.5
Price spread: −0.004% → 0.000%: −$0.41
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$7.91
Costs to cover: 0.140%
Break-even: 15.5 days

Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 27 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 27 min ago	3.28 bp	9.8 bp −$10	doesn't fit	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.196%	$254K	$985K	50x	as long as short
01 Exchange ASTERUSD	−0.0048%	1h	0.7293	0.000%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	−0.0020%	4h	0.7292	−0.007%	$53.3M	$109.3M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7291	−0.033%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7283	−0.143%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7291	−0.025%	$31K	—	150x	as long as short
SoDEX ASTER-USD	+0.0031%	1h	0.7284	−0.123%	$13K	$8K	5x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.330%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDClong	+0.0069%	4h	0.7293	long leg	$14K	$845	10x
Lighter ASTER	+0.0096%	1h	0.7293	−0.004%	$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	−0.008%	$359K	$264K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7299	+0.087%	$25.3M	$6.9M	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7293	−0.004%	$254K	$80K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7291	−0.024%	$89.3M	$118.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7293	0.000%	$48.9M	$24.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7298	+0.069%	$12.2M	$19.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7293	0.000%	$6.4M	$5.6M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7291	−0.027%	$33.4M	$18.8M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7291	−0.023%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7292	−0.014%	$17.8M	$7.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7291	−0.027%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7288	−0.069%	$218K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7217	−1.039%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7256	−0.501%	$448K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7279	−0.192%	$88K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7291	−0.027%	$2K	$1.7M	20x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7279	−0.192%	$242K	$140K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7292	−0.020%	$363K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7243	−0.680%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0283%	1h	0.7288	−0.068%	$339K	$577K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7292	−0.016%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7274	−0.261%	$3.5M	$2.1M	75x	as long as short