Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.062%

Price spread now: BloFin against Pacifica−0.170%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.385%+$38 on $10k

Price spread, last 3 days (all we have)+0.164%+$16 · spread now −0.170%, 7d avg −0.019%

Together, before fees+0.548%+ Points / potential airdropPacifica: Active · farm board+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.151% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.019%). If the spread goes back, that is −$15 on $10k: about 2.1 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7399	0.0100	pay 0.0013% / 1h	33m 48s	$254K	$107K	10x
Short	BloFin ASTER-USDT	0.7386	0.0340	get 0.0170% / 4h	1h 33m	$3.4M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.170%Rate

Funding earned: $50.4
Price spread: −0.170% → −0.019%: −$15.08
Slippage, 4 orders: −$19.09
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.77
Costs to cover: 0.391%
Break-even: 7.5 days

Slippage from Pacifica: live order book, 49 min ago; BloFin: live order book, 5 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, 49 min ago	4.03 bp	8.1 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	1.35 bp	8.3 bp −$8	14.1 bp −$141	31.6 bp −$3,164	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	0.7392	−0.093%	$260K	$839K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7409	+0.142%	$56.6M	$99.7M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7393	−0.075%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7393	−0.076%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.154%	$9	$96K	5.5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7411	+0.172%	$914K	$853K	5x	as long as short
dYdX ASTER-USD	+0.0099%	1h	0.7407	+0.114%	$13K	$61	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7387	−0.150%	$370K	$274K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7399	long leg	$254K	$107K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7410	+0.159%	$90.8M	$106.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7407	+0.114%	$49.5M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7410	+0.154%	$11.9M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7406	+0.100%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7410	+0.154%	$34.3M	$16.3M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7410	+0.161%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7411	+0.168%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7410	+0.154%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7395	−0.044%	$263K	$325K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7397	−0.026%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7402	+0.046%	$455K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7411	+0.168%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7391	−0.102%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7401	+0.033%	$3K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7395	−0.048%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7390	−0.116%	$242K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7411	+0.163%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0118%	4h	0.7400	+0.022%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7384	−0.197%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7398	−0.008%	$284K	$424K	20x	as long as short
Hyperliquid ASTER	+0.0174%	1h	0.7418	+0.262%	$25.7M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7392	−0.085%	$28K	—	100x	as long as short
BloFin ASTER-USDTshort	+0.0340%	4h	0.7386	−0.170%	$3.4M	$1.9M	75x