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 −0.004%

Price spread now: MEXC against Pacifica−0.030%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Pacifica Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.030%, 7d avg −0.022%

Together, before fees−0.119%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7461	0.0100	pay 0.0013% / 1h	35m 00s	$256K	$104K	10x
Short	MEXC ASTER_USDT	0.7459	0.0100	get 0.0050% / 4h	35m 00s	$35.2M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → −0.022%: −$0.76
Slippage, 4 orders: −$14.12
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$22.88
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from Pacifica: live order book, 43 min ago; MEXC: 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, 43 min ago	4.32 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.67 bp	1.5 bp −$1	4.6 bp −$46	18.8 bp −$1,878	97.9 bp −$48.9K

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	0.7458	−0.039%	$261K	$856K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7460	−0.017%	$56.9M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7465	+0.051%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7459	−0.037%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7461	−0.007%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7463	+0.027%	$337K	$484K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.955%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7463	+0.024%	$924K	$883K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7462	+0.013%	$374K	$268K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7461	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	0.7461	−0.003%	$91.4M	$107.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7461	−0.003%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7461	−0.003%	$12.0M	$18.9M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7462	+0.010%	$6.4M	$5.1M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7459	−0.030%	$35.2M	$16.6M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7459	−0.029%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7462	+0.010%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7461	−0.003%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7456	−0.069%	$251K	$376K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7468	+0.092%	$2.1M	$372K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7470	+0.117%	$461K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7471	+0.131%	$67K	$713K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7461	−0.003%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7468	+0.091%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7458	−0.043%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7466	+0.064%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7462	+0.015%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0106%	4h	0.7467	+0.078%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7465	+0.050%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7460	−0.022%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0333%	1h	0.7469	+0.103%	$26.0M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7465	+0.050%	$3.5M	$1.9M	75x	as long as short