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% APRpaid last 24h −0.001%

Price spread now: BingX against Pacifica−0.056%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.056%, 7d avg −0.040%

Together, before fees−0.071%+ 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	0.7443	0.0100	pay 0.0013% / 1h	4m 48s	$255K	$104K	10x
Short	BingX ASTER-USDT	0.7439	0.0100	get 0.0050% / 4h	4m 48s	—	$9.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → −0.040%: −$1.61
Slippage, 4 orders: −$18.56
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$38.17
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Pacifica: live order book, 8 min ago; BingX: live order book, 8 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, 8 min ago	4.97 bp	11.8 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.02 bp	7.9 bp −$8	11.4 bp −$114	39.9 bp −$3,988	153.0 bp −$76.5K

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	0.7423	−0.266%	$264K	$863K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7437	−0.087%	$56.6M	$100.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7441	−0.030%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7433	−0.133%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7432	−0.147%	$30K	—	150x	as long as short
Kraken Futures PF_ASTERUSD	+0.0017%	1h	0.7438	−0.074%	$337K	$491K	20x	as long as short
Injective ASTER/USDC PERP	+0.0045%	1h	0.7390	−0.714%	$9	$133K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7446	+0.034%	$922K	$885K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0099%	4h	0.7437	−0.083%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7433	−0.137%	$372K	$266K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTERlong	+0.0100%	1h	0.7443	long leg	$255K	$104K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7443	0.000%	$91.2M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7444	+0.011%	$49.8M	$22.2M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7446	+0.038%	$12.0M	$19.0M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7434	−0.123%	$6.3M	$5.1M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7444	+0.011%	$35.3M	$16.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7437	−0.082%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7438	−0.069%	$18.3M	$6.4M	50x	as long as short
BingX ASTER-USDTshort	+0.0100%	4h	0.7439	−0.056%	—	$9.7M	—
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7430	−0.180%	$216K	$401K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7430	−0.170%	$2.1M	$371K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7440	−0.037%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7435	−0.110%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7439	−0.056%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7432	−0.150%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7429	−0.190%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7436	−0.102%	$374K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0117%	4h	0.7437	−0.077%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7435	−0.110%	$8K	$4K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7432	−0.152%	$28K	—	100x	as long as short
Hyperliquid ASTER	+0.0331%	1h	0.7446	+0.035%	$25.9M	$6.9M	5x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7432	−0.150%	$3.5M	$1.9M	75x	as long as short