Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.003%

Price spread now: edgeX against Pacifica+0.397%52s7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as 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−$330.334% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.397%, 7d avg −0.059%

Together, before fees+0.093%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.456% dearer against Pacifica than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.059%. The two prices were read 52 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	Pacifica ASTER	0.7305	0.0100	pay 0.0013% / 1h	40m 16s	$257K	$113K	10x
Short	edgeX ASTERUSDC	0.7334	0.0111	get 0.0055% / 4h	3h 40m	$213K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.397%Rate

Funding earned: $2.3
Price spread: +0.397% → −0.059%: $45.64
Slippage, 4 orders: −$16.38
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $14.56
Costs to cover: 0.334%
Break-even: from the start

Slippage from Pacifica: live order book, 58 min ago; edgeX: live order book, 4 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, 58 min ago	3.49 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	2.05 bp	6.9 bp −$7	14.6 bp −$146	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
Deribit ASTER_USDC-PERPETUAL	−0.0010%	1h	0.7302	−0.034%	$11K	$56K	25x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7301	−0.053%	$51.4M	$112.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7300	−0.069%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7302	−0.039%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7301	−0.058%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.165%	$9	$133K	5.5x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7303	−0.024%	$367K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0080%	1h	0.7304	−0.012%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0081%	4h	0.7304	−0.012%	$13K	$1K	10x	as long as short
Gate ASTER_USDT	+0.0084%	4h	0.7301	−0.053%	$6.3M	$5.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7308	+0.041%	$336K	$641K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7308	+0.044%	$888K	$919K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7306	+0.015%	$345K	$290K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7305	long leg	$257K	$113K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7303	−0.026%	$92.2M	$130.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7303	−0.026%	$49.4M	$26.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7305	+0.002%	$12.4M	$22.3M	50x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7306	+0.015%	$34.9M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7304	−0.015%	$11.1M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7305	+0.002%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7304	−0.012%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7308	+0.041%	$209K	$474K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7302	−0.035%	$2.1M	$383K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7323	+0.248%	$457K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7335	+0.412%	$112K	$728K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7310	+0.070%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7303	−0.026%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7304	−0.012%	$244K	$202K	20x	as long as short
edgeX ASTERUSDCshort	+0.0111%	4h	0.7334	+0.397%	$213K	$2.2M	10x
Hyperliquid ASTER	+0.0175%	1h	0.7314	+0.125%	$25.1M	$8.0M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7318	+0.179%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7303	−0.026%	$3.6M	$2.1M	75x	as long as short