Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Binance against Pacifica+0.028%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

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

costs, in and out, $10k−$350.346% of the position

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.028%, 7d avg −0.019%

Together, before fees−0.079%+ Points / potential airdropPacifica: Active · farm board−$8 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: Binance is 0.046% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7242	0.0100	pay 0.0013% / 1h	32m 33s	$252K	$83K	10x
Short	Binance ASTERUSDT	0.7244	0.0100	get 0.0050% / 4h	2h 32m	$89.4M	$122.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → −0.019%: $4.63
Slippage, 4 orders: −$16.62
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.99
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Pacifica: live order book, 15 min ago; Binance: live order book, 10 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 Pacifica live order book, 15 min ago	2.68 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.69 bp	8.3 bp −$8	14.4 bp −$144	50.3 bp −$5,034	227.9 bp −$113.9K

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
Deribit ASTER_USDC-PERPETUAL	−0.0123%	1h	0.7231	−0.148%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7236	−0.077%	$267K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7244	+0.028%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7245	+0.042%	$52.0M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7244	+0.026%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7232	−0.137%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.044%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7237	−0.069%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7242	+0.001%	$364K	$637K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7241	−0.012%	$876K	$922K	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	0.7242	0.000%	$340K	$285K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7248	+0.080%	$24.8M	$8.0M	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7242	long leg	$252K	$83K	10x
Binance ASTERUSDTshort	+0.0100%	4h	0.7244	+0.028%	$89.4M	$122.8M	75x
Bybit ASTERUSDT	+0.0100%	4h	0.7241	−0.014%	$48.8M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7243	+0.014%	$12.5M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7241	−0.014%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7241	−0.014%	$34.1M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7237	−0.076%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7238	−0.055%	$17.7M	$8.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7242	0.000%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7236	−0.090%	$210K	$488K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	+0.157%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	+0.015%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7275	+0.456%	$99K	$734K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7241	−0.014%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7230	−0.166%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7234	−0.110%	$241K	$145K	20x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7267	+0.345%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7235	−0.102%	$335K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7232	−0.140%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7232	−0.138%	$3.5M	$2.1M	75x	as long as short