Funding you earn now, next payment 07:00 UTC−0.0843%/8h= −92.3% APRpaid last 24h +0.086%
Price spread now: Aster against Kraken Futures+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.143% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_COWUSD | 0.1610 | 0.0943 | pay 0.0118% / 1h | 7m 17s | $5K | $212 | 10x |
| Short | Aster COWUSDT | 0.1613 | 0.0100 | get 0.0050% / 4h | 1h 07m | $30K | $12K | 5x |
Kraken Futures PF_COWUSD
Aster COWUSDTFunding 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
- −$177.04
- Price spread: +0.143% → 0.000%
- $14.35
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$180.7
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and Aster: 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.
COW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDTshort | +0.0100% | 4h | 0.1613 | +0.143% | $30K | $12K | 5x | |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | +0.025% | $2.1M | $2.9M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1610 | +0.019% | $950K | $470K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1610 | −0.012% | $118K | $60K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1611 | +0.050% | $575K | $191K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1610 | −0.012% | $228K | $42K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1609 | −0.074% | $374K | $174K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1611 | +0.050% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1613 | +0.177% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0110% | 4h | 0.1612 | +0.112% | $134K | $31K | 75x | as long as short |
Binance COWUSDT
Bybit COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
BingX COW-USDT
Variational Omni COW
BloFin COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSDlong | +0.0943% | 1h | 0.1610 | long leg | $5K | $212 | 10x |