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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.2500%/8h= −273.8% APRpaid last 24h −0.352%
Price spread now: Kraken Futures against Aster−0.146%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.806%−$81 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.146%, 7d avg +0.088%
Together, before fees−0.757%+ Points / potential airdropAster: Stage 5 · farm board−$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$75 a day on $10k at the current rate, and Kraken Futures is 0.234% cheaper against Aster than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.088%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.806% in total (about -54.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARUSDT4.60740.0100pay 0.0100% / 8h7h 18m$21K$510K10x
ShortKraken Futures PF_ARUSD4.6007−0.2400pay 0.0300% / 1h18m 03s$52K$135K20x

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
−$525.06
Price spread: −0.146% → +0.088%
−$23.38
Slippage, 4 orders
−$129.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$695.8
Costs to cover
1.474%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; Kraken Futures: live order book, 54 min ago.

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, 55 min ago14.08 bp34.0 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 54 min ago35.76 bp43.8 bp −$44doesn't fitdoesn't fitdoesn't fit

AR on 17 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
Kraken Futures PF_ARUSDshort−0.2400%1h4.6007−0.146%$52K$135K20x
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.6044−0.065%$591K50xas long as short
OKX AR-USDT-SWAP−0.0136%8h4.6040−0.074%$2.4M$19.9M20xas long as short
Binance ARUSDT−0.0002%8h4.6068−0.014%$9.3M$53.5M75xas long as short
Extended AR-USD0.0000%1h4.6061−0.029%$38K$240K10xas long as short
MEXC AR_USDT+0.0001%8h4.6060−0.031%$6.5M$4.4M100xas long as short
BloFin AR-USDT+0.0005%8h4.6040−0.074%$441K$556K20xas long as short
Injective AR/USDC PERP+0.0033%1h4.5720−0.769%$3K$2395.5xas long as short
Hyperliquid AR+0.0100%1h4.6130+0.121%$4.3M$4.7M5xas long as short
Aster ARUSDTlong+0.0100%8h4.6074long leg$21K$510K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARUSDT+0.0100%8h4.6030−0.096%$4.6M$8.5M75xas long as short
Gate AR_USDT+0.0100%8h4.6030−0.096%$2.6M$2.2M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.6040−0.074%$1.4M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.6030−0.096%$4.0M$5.4M75xas long as short
BingX AR-USDT+0.0100%8h4.6050−0.053%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.6322+0.538%$144K$170Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.6380+0.664%$23K$741K50xas long as short