Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Pacifica+0.104%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 Pacifica Short on Nado

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)+0.110%+$11 · spread now +0.104%, 7d avg +0.020%

Together, before fees+0.100%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$10 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: Nado is 0.084% dearer against Pacifica than usual: you sell high and buy low, +$8 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	Pacifica ASTER	0.7263	0.0100	pay 0.0013% / 1h	44m 45s	$252K	$73K	10x
Short	Nado ASTER-PERP	0.7270	0.0100	get 0.0012% / 1h	44m 45s	$358K	$265K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.020%: $8.42
Slippage, 4 orders: −$21.26
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$27.84
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Pacifica: live order book, 13 min ago; Nado: live order book, 13 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, 13 min ago	3.28 bp	8.9 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 13 min ago	0.75 bp	9.0 bp −$9	25.0 bp −$250	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	−0.0342%	1h	0.7264	+0.018%	$11K	$71K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0072%	1h	0.7261	−0.032%	$259K	$964K	50x	as long as short
Aster ASTERUSDT	−0.0004%	4h	0.7258	−0.068%	$53.9M	$107.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7263	−0.003%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7267	+0.057%	$28K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0024%	1h	0.7260	−0.040%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.750%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0074%	4h	0.7268	+0.070%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7265	+0.023%	$879K	$919K	5x	as long as short
Nado ASTER-PERPshort	+0.0100%	1h	0.7270	+0.104%	$358K	$265K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7266	+0.038%	$25.1M	$6.7M	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7263	long leg	$252K	$73K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7263	+0.001%	$89.2M	$115.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7264	+0.015%	$48.4M	$24.3M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7266	+0.042%	$12.1M	$19.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7259	−0.054%	$6.4M	$5.5M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7261	−0.026%	$33.0M	$18.5M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7255	−0.104%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7257	−0.082%	$17.8M	$7.2M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7255	−0.109%	—	$9.8M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7263	−0.004%	$214K	$493K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7228	−0.485%	$2.0M	$395K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7302	+0.535%	$447K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7234	−0.398%	$83K	$723K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7265	+0.029%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7257	−0.082%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7266	+0.042%	$241K	$134K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7260	−0.039%	$361K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7228	−0.477%	$209K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0284%	1h	0.7263	−0.006%	$343K	$561K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7270	+0.102%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7251	−0.164%	$3.5M	$2.1M	75x	as long as short