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 0.000%

Price spread now: Bybit against Pacifica−0.019%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on Pacifica Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.019%, 7d avg −0.030%

Together, before fees−0.075%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7240	0.0100	pay 0.0013% / 1h	22m 54s	$252K	$84K	10x
Short	Bybit ASTERUSDT	0.7239	0.0100	get 0.0050% / 4h	2h 22m	$48.7M	$25.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → −0.030%: $1.05
Slippage, 4 orders: −$27.62
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$45.57
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from Pacifica: live order book, 25 min ago; Bybit: live order book, 1 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, 25 min ago	2.68 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.69 bp	13.2 bp −$13	33.0 bp −$330	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	−0.0048%	1h	0.7231	−0.126%	$265K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0016%	1h	0.7225	−0.213%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7242	+0.016%	$51.9M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7240	−0.012%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7229	−0.160%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7228	−0.169%	$23K	—	150x	as long as short
Extended ASTER-USD	+0.0008%	1h	0.7243	+0.035%	$364K	$637K	25x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.066%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0052%	4h	0.7229	−0.157%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7231	−0.134%	$875K	$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	0.7232	−0.116%	$339K	$282K	5x	as long as short
Hyperliquid ASTER	+0.0100%	1h	0.7242	+0.019%	$24.7M	$8.0M	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7240	long leg	$252K	$84K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7243	+0.038%	$89.5M	$123.1M	75x	as long as short
Bybit ASTERUSDTshort	+0.0100%	4h	0.7239	−0.019%	$48.7M	$25.6M	75x
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7244	+0.050%	$12.4M	$20.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7227	−0.185%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7239	−0.019%	$33.9M	$20.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7238	−0.035%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7240	−0.006%	$17.7M	$8.0M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7243	+0.036%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7237	−0.050%	$210K	$488K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7215	−0.347%	$2.1M	$389K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7236	−0.061%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7223	−0.240%	$98K	$734K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7238	−0.033%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7230	−0.144%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7229	−0.157%	$241K	$146K	20x	as long as short
edgeX ASTERUSDC	+0.0115%	4h	0.7221	−0.267%	$211K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7233	−0.099%	$335K	$627K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7231	−0.137%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7232	−0.116%	$3.5M	$2.0M	75x	as long as short