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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h −0.012%
Price spread now: Kraken Futures against Aster+0.041%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.203%−$20 on $10k
Price spread, last 3 days (all we have)+0.719%+$72 · spread now +0.041%, 7d avg +0.053%
Together, before fees+0.516%+ Points / potential airdropAster: Stage 5 · farm board+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.203%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARBUSDT0.22650.0100pay 0.0100% / 8h57m 17s$705K$1.6M20x
ShortKraken Futures PF_ARBUSD0.22660.0236get 0.0030% / 1h57m 17s$1.2M$4.9M50x

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
$28.56
Price spread: +0.041% → +0.053%
−$1.13
Slippage, 4 orders
−$46.15
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$36.72
Costs to cover
0.642%
Break-even
16.0 days
Slippage from Aster: live order book, 1 min ago; Kraken Futures: live order book, 2 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, 1 min ago4.20 bp13.4 bp −$1343.4 bp −$434doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago14.32 bp21.1 bp −$2128.6 bp −$286428.9 bp −$42.9Kdoesn't fit

ARB on 36 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
Injective ARB/USDC PERP−0.1785%1h0.2253−0.513%$41K$372K12xas long as short
SoDEX ARB-USD−0.0273%1h0.2264−0.041%$4K$2.7M5xas long as short
Polymarket Perps ARB-USD−0.0231%1h0.2263−0.063%$77K$2.0M10xas long as short
01 Exchange ARBUSD−0.0216%1h0.2263−0.049%$7K$2K10xas long as short
Variational Omni ARB−0.0176%8h0.2256−0.365%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0161%8h0.2264−0.045%$58.5M$130.5M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0147%1h0.2264−0.023%$26K$32K25xas long as short
OKX ARB-USDT-SWAP−0.0102%8h0.2263−0.071%$22.8M$160.3M50xas long as short
MEXC ARB_USDT−0.0102%8h0.2263−0.076%$37.5M$58.9M200xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2264−0.027%$12K$398K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2265+0.002%$67K$4K10xas long as short
Extended ARB-USD0.0000%1h0.2263−0.066%$360K$2.3M25xas long as short
Binance ARBUSDT+0.0002%8h0.2264−0.031%$65.1M$313.3M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2265+0.008%$56K150xas long as short
Gate ARB_USDT+0.0034%8h0.2263−0.058%$5.5M$19.9M60xas long as short
BloFin ARB-USDT+0.0042%8h0.2266+0.052%$3.1M$3.3M75xas long as short
Bitget ARBUSDT+0.0065%8h0.2264−0.027%$21.4M$36.8M50xas long as short
BingX ARB-USDT+0.0066%8h0.2263−0.054%$53.3Mas long as short
Aevo ARB-PERP+0.0080%1h0.2265+0.004%$148K$12K3xas long as short
Lighter ARB+0.0096%1h0.2266+0.043%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2267+0.101%$40.9M$48.8M10xas long as short
Aster ARBUSDTlong+0.0100%8h0.2265long leg$705K$1.6M20x
Pacifica ARB+0.0100%1h0.2266+0.039%$47K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2264−0.032%$20.3M$16.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2257−0.330%$40K$460K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2258−0.292%$491K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2259−0.248%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2267+0.105%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2266+0.048%$283K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2265+0.017%$5.2M$13.2M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2268+0.149%$511K$2.3M50xas long as short
Kraken Futures PF_ARBUSDshort+0.0236%1h0.2266+0.041%$1.2M$4.9M50x
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0157%1h0.2265+0.008%$848K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2263−0.087%$2K$69520xas long as short
RISEx ARB/USDC+0.0330%1h0.2266+0.052%$502K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0470%1h0.2264−0.023%$888K$2.8M20xas long as short