Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Pacifica against Nado+0.017%7-day average −0.022% · 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−$31as in the Price arb table

costs, in and out, $10k−$350.349% 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 3 days (all we have)−0.207%−$21 · spread now +0.017%, 7d avg −0.022%

Together, before fees−0.197%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$20 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 0.040% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7473	0.0100	pay 0.0012% / 1h	51m 16s	$374K	$269K	5x
Short	Pacifica ASTER	0.7474	0.0100	get 0.0013% / 1h	51m 16s	$256K	$107K	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 +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.022%: $3.95
Slippage, 4 orders: −$19.87
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$30.91
Costs to cover: 0.349%
Break-even: 1588037158140617.3 days

Slippage from Nado: live order book, 26 min ago; Pacifica: live order book, 27 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, 26 min ago	0.68 bp	8.2 bp −$8	43.4 bp −$434	doesn't fit	doesn't fit
Sell Pacifica live order book, 27 min ago	4.32 bp	10.0 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	−0.0136%	1h	0.7457	−0.215%	$261K	$847K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7471	−0.017%	$57.0M	$100.0M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7470	−0.037%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7472	−0.003%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7473	−0.001%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7477	+0.057%	$338K	$489K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−1.107%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7476	+0.043%	$926K	$883K	5x	as long as short
Nado ASTER-PERPlong	+0.0100%	1h	0.7473	long leg	$374K	$269K	5x
Pacifica ASTERshort	+0.0100%	1h	0.7474	+0.017%	$256K	$107K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7471	−0.022%	$91.5M	$106.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7469	−0.050%	$50.0M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7472	−0.010%	$12.1M	$18.7M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7472	−0.010%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7470	−0.037%	$34.6M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7471	−0.022%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7472	−0.010%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7473	+0.003%	—	$9.7M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7467	−0.084%	$268K	$327K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7440	−0.432%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7457	−0.209%	$459K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7466	−0.090%	$67K	$714K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7470	−0.037%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7481	+0.110%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7473	+0.003%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7472	−0.010%	$244K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7471	−0.017%	$380K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7455	−0.242%	$215K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0176%	1h	0.7476	+0.043%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7473	+0.002%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0307%	1h	0.7482	+0.120%	$26.0M	$6.8M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7469	−0.050%	$3.5M	$1.9M	75x	as long as short