Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: KuCoin against Pacifica−0.037%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$660.658% of the position

Long on Pacifica Short on KuCoin

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)−0.038%−$4 · spread now −0.037%, 7d avg −0.019%

Together, before fees−0.140%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7292	0.0100	pay 0.0013% / 1h	21m 17s	$257K	$114K	10x
Short	KuCoin ASTERUSDTM	0.7290	0.0100	get 0.0050% / 4h	21m 17s	$11.1M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.019%: −$1.77
Slippage, 4 orders: −$45.83
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$67.6
Costs to cover: 0.658%
Break-even: never at this rate

Slippage from Pacifica: live order book, 17 min ago; KuCoin: live order book, 7 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, 17 min ago	3.49 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	1.44 bp	23.5 bp −$24	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
Aster ASTERUSDT	0.0000%	4h	0.7284	−0.110%	$51.5M	$112.1M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7287	−0.081%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7286	−0.088%	$11K	$56K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7288	−0.059%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7285	−0.100%	$252K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.337%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0089%	4h	0.7288	−0.062%	$13K	$1K	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7289	−0.045%	$881K	$921K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7293	+0.007%	$345K	$291K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7292	long leg	$257K	$114K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7284	−0.117%	$92.1M	$130.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7284	−0.117%	$49.2M	$26.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7288	−0.062%	$12.4M	$22.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7286	−0.089%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7286	−0.089%	$34.7M	$20.9M	100x	as long as short
KuCoin ASTERUSDTMshort	+0.0100%	4h	0.7290	−0.037%	$11.1M	$3.4M	75x
Bitget ASTERUSDT	+0.0100%	4h	0.7286	−0.089%	$17.8M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7287	−0.075%	—	$10.2M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7292	−0.008%	$209K	$475K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7305	+0.167%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7310	+0.235%	$457K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7295	+0.034%	$99K	$739K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7298	+0.075%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7285	−0.103%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7290	−0.034%	$244K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7291	−0.020%	$366K	$654K	25x	as long as short
01 Exchange ASTERUSD	+0.0104%	1h	0.7288	−0.062%	$6K	$7K	10x	as long as short
edgeX ASTERUSDC	+0.0109%	4h	0.7293	+0.001%	$212K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0294%	1h	0.7296	+0.045%	$24.9M	$8.0M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7287	−0.076%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7289	−0.048%	$3.6M	$2.0M	75x	as long as short
Kraken Futures PF_ASTERUSD	+0.0768%	1h	0.7287	−0.075%	$336K	$641K	20x	as long as short