Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0162%/8h= −17.7% APRnext payment $0.20 per $10,000 · paid last 24h +0.106%
Price spread now: Pacifica against Kraken Futures−0.073%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.690%+$69 on $10k
Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.073%, 7d avg +0.013%
Together, before fees+0.859%+ Points / potential airdropPacifica: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.086% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.690%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ASTERUSD0.74160.0262pay 0.0033% / 1h10m 59s$285K$419K20x
ShortPacifica ASTER0.74100.0100get 0.0013% / 1h10m 59s$254K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Kraken Futures. 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

Funding earned
−$33.95
Price spread: −0.073% → +0.013%
−$8.63
Slippage, 4 orders
−$36.03
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$96.61
Costs to cover
0.540%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 12 min ago; Pacifica: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 12 min ago8.73 bp15.5 bp −$1537.6 bp −$376doesn't fitdoesn't fit
Sell Pacifica live order book, 12 min ago4.03 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ASTER-PERP-INTX−0.0160%1h0.7442+0.351%$252K$832K50xas long as short
Deribit ASTER_USDC-PERPETUAL−0.0141%1h0.7413−0.040%$11K$87K25xas long as short
Injective ASTER/USDC PERP−0.0072%1h0.7410−0.078%$9$96K5.5xas long as short
Aster ASTERUSDT0.0000%4h0.7410−0.078%$56.7M$99.9M200xas long as short
dYdX ASTER-USD+0.0002%1h0.7413−0.041%$13K$615xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0007%1h0.7412−0.048%$30K150xas long as short
Lighter ASTER+0.0096%1h0.7416+0.005%$913K$852K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7414−0.017%$370K$277K5xas long as short
Pacifica ASTERshort+0.0100%1h0.7410−0.073%$254K$108K10x
Binance ASTERUSDT+0.0100%4h0.7411−0.064%$90.9M$106.4M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ASTERUSDT+0.0100%4h0.7413−0.037%$49.5M$21.9M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7412−0.051%$11.9M$18.5M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7410−0.078%$6.3M$5.0M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7410−0.078%$34.0M$16.3M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7412−0.056%$11.0M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7412−0.051%$18.1M$6.2M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7411−0.064%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7413−0.035%$265K$324K10xas long as short
Variational Omni ASTER+0.0100%4h0.7430+0.194%$2.1M$363Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7418+0.031%$456K$3.9M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7434+0.246%$66K$717K50xas long as short
Orderly PERP_ASTER_USDC+0.0100%4h0.7416+0.003%$14K$84510xas long as short
SunX ASTER-USDT+0.0100%4h0.7421+0.071%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7410−0.078%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7409−0.091%$242K$118K20xas long as short
edgeX ASTERUSDC+0.0102%4h0.7429+0.181%$214K$1.9M10xas long as short
Extended ASTER-USD+0.0104%1h0.7413−0.043%$378K$635K25xas long as short
01 Exchange ASTERUSD+0.0152%1h0.7416+0.003%$8K$4K10xas long as short
Kraken Futures PF_ASTERUSDlong+0.0262%1h0.7416long leg$285K$419K20x
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7413−0.042%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7413−0.037%$3.5M$1.8M75xas long as short
Hyperliquid ASTER+0.0476%1h0.7421+0.075%$26.0M$6.7M5xas long as short