Funding you earn now, next payment 22:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.006%
Price spread now: Aster against Kraken Futures+0.010%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 3 days (all we have)−1.208%−$121 · spread now +0.010%, 7d avg −0.050%
=Together, before fees−1.006%+ Points / potential airdropAster: Stage 5 · farm board−$101 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.060% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2233 | −0.0053 | get 0.0007% / 1h | 35m 47s | $1.1M | $5.3M | 50x |
| Short | Aster ARBUSDT | 0.2234 | 0.0100 | get 0.0100% / 8h | 2h 35m | $695K | $1.8M | 20x |
Kraken Futures PF_ARBUSD
Aster ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- $32.19
- Price spread: +0.010% → −0.050%
- $6.02
- Slippage, 4 orders
- −$46.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$26.07
- Costs to cover
- 0.643%
- Break-even
- 12.7 days
Slippage from Kraken Futures: live order book, 3 min ago; Aster: live order book, 2 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 Kraken Futures live order book, 3 min ago | 8.94 bp | 18.6 bp −$19 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 4.03 bp | 8.9 bp −$9 | 20.0 bp −$200 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2227 | −0.286% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0312% | 1h | 0.2231 | −0.094% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0209% | 8h | 0.2235 | +0.094% | $56.5M | $136.3M | 50x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.055% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0073% | 8h | 0.2236 | +0.112% | $22.2M | $165.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0073% | 8h | 0.2235 | +0.072% | $37.6M | $63.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0060% | 1h | 0.2233 | −0.035% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0053% | 1h | 0.2233 | long leg | $1.1M | $5.3M | 50x | |
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2233 | 0.000% | $37K | $18K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2233 | −0.017% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0007% | 1h | 0.2231 | −0.094% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2235 | +0.069% | $66K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0004% | 8h | 0.2235 | +0.072% | $5.5M | $21.5M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2234 | +0.009% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2233 | −0.012% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2235 | +0.059% | $63.6M | $326.2M | 75x | as long as short |
| BloFin ARB-USDT | +0.0031% | 8h | 0.2235 | +0.054% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2234 | +0.024% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2236 | +0.117% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2236 | +0.117% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2236 | +0.117% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.152% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.162% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDTshort | +0.0100% | 8h | 0.2234 | +0.010% | $695K | $1.8M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | +0.099% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.112% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2233 | −0.032% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.119% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.017% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2231 | −0.120% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2232 | −0.062% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2234 | +0.011% | $818K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2234 | +0.027% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2231 | −0.123% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0536% | 1h | 0.2236 | +0.135% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2233 | −0.030% | $491K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC