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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ARUSDT | 4.6074 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $21K | $510K | 10x |
| Short | Kraken Futures PF_ARUSD | 4.6007 | −0.2400 | pay 0.0300% / 1h | 18m 03s | $52K | $135K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 55 min ago | 14.08 bp | 34.0 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 54 min ago | 35.76 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSDshort | −0.2400% | 1h | 4.6007 | −0.146% | $52K | $135K | 20x | |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.6044 | −0.065% | $591K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0136% | 8h | 4.6040 | −0.074% | $2.4M | $19.9M | 20x | as long as short |
| Binance ARUSDT | −0.0002% | 8h | 4.6068 | −0.014% | $9.3M | $53.5M | 75x | as long as short |
| Extended AR-USD | 0.0000% | 1h | 4.6061 | −0.029% | $38K | $240K | 10x | as long as short |
| MEXC AR_USDT | +0.0001% | 8h | 4.6060 | −0.031% | $6.5M | $4.4M | 100x | as long as short |
| BloFin AR-USDT | +0.0005% | 8h | 4.6040 | −0.074% | $441K | $556K | 20x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | −0.769% | $3K | $239 | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.6130 | +0.121% | $4.3M | $4.7M | 5x | as long as short |
| Aster ARUSDTlong | +0.0100% | 8h | 4.6074 | long leg | $21K | $510K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARUSDT | +0.0100% | 8h | 4.6030 | −0.096% | $4.6M | $8.5M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.6030 | −0.096% | $2.6M | $2.2M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.6040 | −0.074% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.6030 | −0.096% | $4.0M | $5.4M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.6050 | −0.053% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.6322 | +0.538% | $144K | $170K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.6380 | +0.664% | $23K | $741K | 50x | as long as short |
Aster ARUSDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Binance ARUSDT
Extended AR-USD
MEXC AR_USDT
BloFin AR-USDT
Injective AR/USDC PERP
Hyperliquid AR
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT