Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Aster against Kalshi−0.001%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.001%, 7d avg +0.077%
=Together, before fees+0.503%+ Points / potential airdropAster: Stage 5 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.078% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.077%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2456 | 0 | get 0.0000% / 8h | 5h 12m | $154K | $6.0M | 3.2x |
| Short | Aster ADAUSDT | 0.2456 | 0.0100 | get 0.0100% / 8h | 1h 12m | $1.2M | $922K | 75x |
Kalshi KXADAPERP
Aster ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.001% → +0.077%
- −$7.81
- Slippage, 4 orders
- −$25.26
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$30.06
- Costs to cover
- 0.433%
- Break-even
- 17.0 days
Slippage from Kalshi: live order book, 1 min ago; Aster: live order book, just now.
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 Kalshi live order book, 1 min ago | 2.04 bp | 7.0 bp −$7 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Aster live order book, just now | 4.07 bp | 10.9 bp −$11 | 23.4 bp −$234 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2456 | −0.018% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERPlong | 0.0000% | 8h | 0.2456 | long leg | $154K | $6.0M | 3.2x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.126% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2459 | +0.122% | $411K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2454 | −0.077% | $6.2M | $11.6M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2457 | +0.049% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2457 | +0.020% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDTshort | +0.0100% | 8h | 0.2456 | −0.001% | $1.2M | $922K | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2456 | +0.004% | $157K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2457 | +0.041% | $102.0M | $360.3M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2455 | −0.041% | $71.4M | $102.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2456 | 0.000% | $31.9M | $105.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2454 | −0.081% | $97.0M | $59.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2456 | 0.000% | $52.8M | $51.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2456 | −0.016% | $30.2M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2456 | 0.000% | $65.8M | $43.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2456 | 0.000% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | −0.045% | $101K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2458 | +0.089% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2459 | +0.117% | $66K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2458 | +0.089% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2460 | +0.163% | $55K | $581K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2453 | −0.138% | $96K | $625K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.122% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.105% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.079% | $9K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | −0.090% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.105% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | −0.081% | $47.8M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2456 | +0.003% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2455 | −0.041% | $554K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2455 | −0.033% | $4K | $74K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0158% | 1h | 0.2454 | −0.086% | $479K | $351K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2454 | −0.081% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0285% | 1h | 0.2453 | −0.139% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2471 | +0.611% | $849 | $202K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2452 | −0.153% | $122K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]