Settings8H · net · $10k
Funding arb · Price arb /

ALCH

all ALCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.2666%/8h= +291.9% APRpaid last 24h +1.979%
Price spread now: Kraken Futures against Aster+0.424%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Kraken Futures is 0.424% dearer against Aster than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALCHUSDT0.051750.0643pay 0.0322% / 4h2h 22m$14K$120K5x
ShortKraken Futures PF_ALCHUSD0.051970.3309get 0.0414% / 1h22m 10s$13K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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

Funding earned
$559.86
Price spread: +0.424% → 0.000%
$42.39
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$584.25
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: live order book, 24 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 24 min ago16.46 bp157.5 bp −$157doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALCH on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ALCHUSDT+0.0100%4h0.05185+0.185%$3.0M$6.3M20xas long as short
Gate ALCH_USDT+0.0100%4h0.05169−0.124%$293K$715K20xas long as short
Bitget ALCHUSDT+0.0100%4h0.05177+0.030%$916K$1.9M10xas long as short
Variational Omni ALCH+0.0100%4h0.05155−0.402%$4K$18Kas long as short
Aster ALCHUSDTlong+0.0643%4h0.05175long leg$14K$120K5x
BingX ALCH-USDT+0.0762%4h0.05184+0.165%$6.7Mas long as short
Binance ALCHUSDT+0.0778%4h0.05196+0.398%$6.2M$28.1M10xas long as short
MEXC ALCH_USDT+0.0782%4h0.05191+0.301%$5.1M$2.5M100xas long as short
KuCoin ALCHUSDTM+0.0812%4h0.05163−0.240%$1.2M$288K10xas long as short
BloFin ALCH-USDT+0.0812%4h0.05173−0.047%$398K$117K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALCHUSDshort+0.3309%1h0.05197+0.424%$13K$35K10x