Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against Pacifica−0.042%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.042%, 7d avg −0.040%

Together, before fees−0.085%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7470	0.0100	pay 0.0013% / 1h	37m 35s	$256K	$104K	10x
Short	BingX ASTER-USDT	0.7467	0.0100	get 0.0050% / 4h	37m 35s	—	$9.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.040%: −$0.17
Slippage, 4 orders: −$18.24
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$36.4
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from Pacifica: live order book, 40 min ago; BingX: live order book, 15 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, 40 min ago	4.32 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	2.01 bp	9.2 bp −$9	11.1 bp −$111	31.7 bp −$3,170	159.8 bp −$79.9K

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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7470	+0.005%	$261K	$857K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7468	−0.031%	$56.9M	$100.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7474	+0.053%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7470	+0.004%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7471	+0.013%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7473	+0.040%	$338K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.072%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7473	+0.037%	$925K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7475	+0.065%	$375K	$268K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7470	long leg	$256K	$104K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7468	−0.025%	$91.5M	$107.0M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7468	−0.028%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7468	−0.028%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7472	+0.025%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7470	−0.001%	$35.2M	$16.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7470	−0.004%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7467	−0.042%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7467	−0.042%	—	$9.7M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7473	+0.045%	$268K	$329K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7485	+0.193%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7485	+0.201%	$464K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7480	+0.132%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7470	−0.001%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7480	+0.132%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7470	−0.001%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7473	+0.039%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7473	+0.035%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0104%	4h	0.7470	−0.004%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0152%	1h	0.7472	+0.025%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7470	+0.004%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0337%	1h	0.7478	+0.111%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7470	−0.001%	$3.5M	$1.9M	75x	as long as short