Funding you earn now, next payment 05:00 UTC−0.0405%/8h= −44.3% APRpaid last 24h −0.097%
Price spread now: Kraken Futures against Aster+0.018%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.922% of the position
Funding, last 6 days (all we have)+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.018%, 7d avg +0.036%
=Together, before fees+0.249%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 6 days funding on this pair paid +0.162%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.162% in total (about 10.7% 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 ETHFIUSDT | 0.7033 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $180K | $228K | 10x |
| Short | Kraken Futures PF_ETHFIUSD | 0.7035 | −0.0305 | pay 0.0038% / 1h | 31m 37s | $260K | $212K | 20x |
Aster ETHFIUSDT
Kraken Futures PF_ETHFIUSDFunding 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
- −$85.02
- Price spread: +0.018% → +0.036%
- −$1.75
- Slippage, 4 orders
- −$74.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$179
- Costs to cover
- 0.922%
- Break-even
- never at this rate
Slippage from Aster: live order book, 20 min ago; Kraken Futures: live order book, 21 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, 20 min ago | 0.71 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 21 min ago | 7.08 bp | 25.5 bp −$26 | 127.2 bp −$1,272 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.1133% | 4h | 0.7005 | −0.404% | $85K | $182K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0318% | 1h | 0.7036 | +0.037% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSDshort | −0.0305% | 1h | 0.7035 | +0.018% | $260K | $212K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0242% | 4h | 0.7033 | −0.006% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0001% | 8h | 0.7029 | −0.067% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0017% | 4h | 0.7023 | −0.151% | $980K | $703K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.937% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0047% | 4h | 0.7034 | +0.009% | $17.6M | $12.5M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.0062% | 4h | 0.7034 | +0.009% | $15.9M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0063% | 4h | 0.7032 | −0.020% | $24.4M | $34.9M | 75x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Bybit ETHFIUSDT
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ETHFI-USD | +0.0064% | 1h | 0.7031 | −0.034% | $95K | $374K | 10x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7044 | +0.152% | $1.1M | $841K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7036 | +0.033% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7040 | +0.088% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDTlong | +0.0100% | 4h | 0.7033 | long leg | $180K | $228K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7041 | +0.108% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7041 | +0.108% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7033 | −0.006% | $1.2M | $227K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7036 | +0.037% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7039 | +0.080% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7043 | +0.142% | $65K | $125K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7041 | +0.108% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0250% | 4h | 0.7016 | −0.247% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.293% | $31K | $6K | 50x | as long as short |
Extended ETHFI-USD
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX