Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.029%

Price spread now: Gate against Pacifica−0.041%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.041%, 7d avg −0.016%

Together, before fees−0.179%+ Points / potential airdropPacifica: Active · farm board−$18 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: Gate is 0.025% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7427	0.0100	pay 0.0013% / 1h	3m 18s	$255K	$107K	10x
Short	Gate ASTER_USDT	0.7424	0.0100	get 0.0050% / 4h	1h 03m	$6.3M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.016%: −$2.49
Slippage, 4 orders: −$30.83
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.32
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from Pacifica: live order book, 15 min ago; Gate: live order book, 5 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	4.32 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.35 bp	15.9 bp −$16	30.4 bp −$304	157.5 bp −$15.8K	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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7406	−0.281%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7425	−0.026%	$56.7M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7424	−0.036%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7423	−0.048%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.499%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0050%	1h	0.7422	−0.069%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7428	+0.014%	$921K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7425	−0.028%	$372K	$269K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7427	long leg	$255K	$107K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7423	−0.051%	$90.9M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7422	−0.068%	$49.7M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7424	−0.041%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7424	−0.041%	$6.3M	$5.0M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7422	−0.068%	$34.8M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7428	+0.006%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7424	−0.041%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7425	−0.028%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7426	−0.009%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7413	−0.182%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7419	−0.113%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7414	−0.176%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7422	−0.068%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7433	+0.080%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7425	−0.028%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	−0.028%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7423	−0.054%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7418	−0.125%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7428	+0.013%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7432	+0.064%	$336K	$489K	20x	as long as short
Hyperliquid ASTER	+0.0148%	1h	0.7431	+0.060%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7424	−0.046%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7421	−0.081%	$3.5M	$1.9M	75x	as long as short