Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Nado+0.070%50s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.363% of the position

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.070%, 7d avg −0.020%

Together, before fees−0.274%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$27 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 0.090% dearer against Nado than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 50 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	Nado ASTER-PERP	0.7289	0.0100	pay 0.0012% / 1h	54m 40s	$355K	$270K	5x
Short	Pacifica ASTER	0.7294	0.0100	get 0.0013% / 1h	54m 40s	$254K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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 NadobpFee PacificabpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.020%: $8.97
Slippage, 4 orders: −$21.26
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$27.29
Costs to cover: 0.363%
Break-even: 2803715113219004.5 days

Slippage from Nado: live order book, 63 min ago; Pacifica: live order book, 63 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 Nado live order book, 63 min ago	0.75 bp	8.7 bp −$9	22.0 bp −$220	doesn't fit	doesn't fit
Sell Pacifica live order book, 63 min ago	3.28 bp	9.8 bp −$10	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
Coinbase International ASTER-PERP-INTX	−0.0064%	1h	0.7272	−0.230%	$256K	$1.1M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7298	+0.118%	$52.9M	$110.9M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7292	+0.033%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7292	+0.039%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7292	+0.039%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.382%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0040%	1h	0.7285	−0.058%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0067%	4h	0.7290	+0.010%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7295	+0.084%	$882K	$918K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7289	long leg	$355K	$270K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7301	+0.158%	$24.9M	$7.9M	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7294	+0.070%	$254K	$80K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7294	+0.068%	$89.7M	$120.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7290	+0.010%	$48.9M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7293	+0.051%	$12.4M	$20.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7294	+0.065%	$6.4M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7290	+0.010%	$33.4M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7296	+0.088%	$10.9M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7290	+0.010%	$17.8M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7288	−0.017%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7302	+0.182%	$211K	$496K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7277	−0.165%	$2.1M	$411K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7271	−0.248%	$458K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7271	−0.250%	$99K	$732K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7294	+0.065%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7295	+0.079%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7296	+0.093%	$242K	$142K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7285	−0.052%	$364K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7269	−0.284%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0205%	1h	0.7301	+0.158%	$345K	$586K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7292	+0.039%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7301	+0.161%	$3.5M	$2.1M	75x	as long as short