Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%

Price spread now: Gate against Pacifica+0.136%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.136%, 7d avg −0.016%

Together, before fees−0.286%+ Points / potential airdropPacifica: Active · farm board−$29 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: Gate is 0.152% dearer against Pacifica than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7361	0.0100	pay 0.0013% / 1h	29m 59s	$252K	$71K	10x
Short	Gate ASTER_USDT	0.7371	0.0100	get 0.0050% / 4h	2h 29m	$6.4M	$5.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → −0.016%: $15.17
Slippage, 4 orders: −$38.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.28
Costs to cover: 0.614%
Break-even: never at this rate

Slippage from Pacifica: live order book, 38 min ago; Gate: live order book, 3 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, 38 min ago	5.36 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.72 bp	21.2 bp −$21	40.9 bp −$409	doesn't fit	doesn't fit

ASTER on 31 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	−0.0080%	1h	0.7330	−0.414%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7364	+0.047%	$55.2M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7371	+0.140%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7366	+0.070%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.394%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7368	+0.095%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7361	0.000%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7374	+0.180%	$895K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	+0.020%	$366K	$255K	5x	as long as short
Pacifica ASTERlong	+0.0100%	1h	0.7361	long leg	$252K	$71K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7377	+0.218%	$90.4M	$110.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7379	+0.245%	$49.3M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7381	+0.272%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDTshort	+0.0100%	4h	0.7371	+0.136%	$6.4M	$5.3M	75x
MEXC ASTER_USDT	+0.0100%	4h	0.7379	+0.245%	$34.7M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7378	+0.227%	$11.0M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7379	+0.245%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7376	+0.204%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7374	+0.182%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7358	−0.036%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.164%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.258%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7365	+0.055%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7373	+0.163%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7370	+0.123%	$244K	$117K	20x	as long as short
Hyperliquid ASTER	+0.0104%	1h	0.7381	+0.273%	$25.6M	$6.6M	5x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7373	+0.163%	$367K	$640K	25x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7340	−0.290%	$212K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0160%	1h	0.7362	+0.007%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0227%	1h	0.7378	+0.228%	$339K	$488K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	+0.039%	$28K	—	100x	as long as short