Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%

Price spread now: Pacifica against BloFin+0.160%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.408%−$41 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.160%, 7d avg +0.030%

Together, before fees−0.330%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.130% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.030%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ASTER-USDT	0.7306	0.0340	pay 0.0170% / 4h	3h 12m	$3.6M	$2.0M	75x
Short	Pacifica ASTER	0.7318	0.0100	get 0.0013% / 1h	12m 28s	$258K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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 BloFinbpFee PacificabpOrdersPrice spread, now +0.160%Rate

Funding earned: −$50.4
Price spread: +0.160% → +0.030%: $13.02
Slippage, 4 orders: −$20.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$77.66
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, 21 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 BloFin live order book, 6 min ago	3.43 bp	9.4 bp −$9	15.0 bp −$150	39.7 bp −$3,973	doesn't fit
Sell Pacifica live order book, 21 min ago	3.23 bp	7.8 bp −$8	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	0.7313	+0.096%	$51.2M	$111.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7305	−0.017%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7304	−0.023%	$11K	$55K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7306	−0.006%	$24K	—	150x	as long as short
Coinbase International ASTER-PERP-INTX	+0.0016%	1h	0.7308	+0.034%	$253K	$1.3M	50x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.150%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7316	+0.137%	$6K	$7K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0079%	4h	0.7309	+0.041%	$13K	$1K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0096%	1h	0.7308	+0.032%	$336K	$605K	20x	as long as short
Lighter ASTER	+0.0096%	1h	0.7319	+0.177%	$888K	$921K	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	0.7315	+0.125%	$346K	$272K	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7318	+0.160%	$258K	$110K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7313	+0.096%	$92.4M	$128.4M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7315	+0.123%	$49.7M	$26.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7317	+0.151%	$12.4M	$22.1M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7314	+0.109%	$6.3M	$5.8M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7313	+0.096%	$35.1M	$21.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7314	+0.107%	$11.1M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7314	+0.109%	$17.9M	$8.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7313	+0.096%	—	$10.0M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7313	+0.094%	$211K	$466K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7310	+0.061%	$2.1M	$421K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7314	+0.109%	$451K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7312	+0.082%	$111K	$726K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7314	+0.109%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7303	−0.041%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7307	+0.014%	$244K	$163K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7314	+0.106%	$365K	$652K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7311	+0.074%	$213K	$2.2M	10x	as long as short
Hyperliquid ASTER	+0.0119%	1h	0.7322	+0.218%	$25.1M	$7.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7304	−0.031%	$28K	—	100x	as long as short
BloFin ASTER-USDTlong	+0.0340%	4h	0.7306	long leg	$3.6M	$2.0M	75x