Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Pacifica against KuCoin+0.221%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.221%, 7d avg +0.019%

Together, before fees−0.013%+ Points / potential airdropPacifica: Active · farm board−$1 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: Pacifica is 0.202% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTERUSDTM	0.7235	0.0100	pay 0.0050% / 4h	2h 34m	$10.7M	$3.3M	75x
Short	Pacifica ASTER	0.7251	0.0100	get 0.0013% / 1h	34m 00s	$253K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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 KuCoinbpFee PacificabpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → +0.019%: $20.17
Slippage, 4 orders: −$40.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$39.96
Costs to cover: 0.601%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Pacifica: live order book, 14 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 KuCoin live order book, 9 min ago	2.69 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 14 min ago	2.68 bp	13.2 bp −$13	doesn't fit	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	−0.0220%	1h	0.7232	−0.032%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7235	+0.001%	$267K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7233	−0.025%	$51.9M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7249	+0.194%	$14K	$1K	5x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7243	+0.113%	$6K	$7K	10x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7236	+0.021%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.145%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7238	+0.044%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7233	−0.024%	$364K	$637K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7237	+0.026%	$876K	$922K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7249	+0.193%	$341K	$284K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7241	+0.085%	$24.7M	$8.0M	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7251	+0.221%	$253K	$83K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7231	−0.053%	$89.3M	$122.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7229	−0.080%	$48.7M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7233	−0.025%	$12.5M	$20.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7236	+0.017%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7232	−0.039%	$34.1M	$20.6M	100x	as long as short
KuCoin ASTERUSDTMlong	+0.0100%	4h	0.7235	long leg	$10.7M	$3.3M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7230	−0.066%	$17.7M	$8.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7234	−0.011%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7236	+0.014%	$210K	$488K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	+0.257%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	+0.114%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7251	+0.224%	$98K	$733K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7250	+0.210%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7233	−0.025%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7239	+0.058%	$241K	$145K	20x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7245	+0.140%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7236	+0.017%	$335K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7234	−0.016%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7270	+0.487%	$3.5M	$2.1M	75x	as long as short