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

ETHFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.1594%/8h= −174.5% APRpaid last 24h +0.095%
Price spread now: Aster against Kraken Futures−0.043%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.154%−$15 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.043%, 7d avg −0.039%
Together, before fees−0.222%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$48 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.154% in total (about -10.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ETHFIUSD0.69460.1694pay 0.0212% / 1h42m 52s$288K$296K20x
ShortAster ETHFIUSDT0.69430.0100get 0.0050% / 4h1h 42m$178K$261K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$334.71
Price spread: −0.043% → −0.039%
−$0.49
Slippage, 4 orders
−$83.05
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$436.25
Costs to cover
1.011%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 65 min ago; Aster: live order book, 64 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 Kraken Futures live order book, 65 min ago12.19 bp39.6 bp −$40191.4 bp −$1,914doesn't fitdoesn't fit
Sell Aster live order book, 64 min ago0.72 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit

ETHFI on 24 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
Deribit ETHFI_USDC-PERPETUAL−0.0470%1h0.6940−0.087%$41K$11K10xas long as short
HTX ETHFI-USDT−0.0366%4h0.6926−0.288%$82K$175K20xas long as short
Orderly PERP_ETHFI_USDC−0.0280%4h0.6939−0.101%$16K$1K10xas long as short
Variational Omni ETHFI−0.0155%4h0.6936−0.140%$922K$778Kas long as short
Bybit ETHFIUSDT−0.0077%4h0.6932−0.202%$17.2M$13.0M25xas long as short
Binance ETHFIUSDT−0.0041%4h0.6929−0.245%$24.0M$36.1M75xas long as short
Extended ETHFI-USD−0.0040%1h0.6931−0.213%$94K$506K10xas long as short
MEXC ETHFI_USDT−0.0040%4h0.6933−0.187%$15.4M$4.2M125xas long as short
Paradex ETHFI-USD-PERP−0.0021%8h0.6933−0.190%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+4.232%$321$51K5.5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0072%1h0.6935−0.159%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.6943−0.043%$1.1M$829K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.6936−0.143%$16.7M$8.6M5xas long as short
Aster ETHFIUSDTshort+0.0100%4h0.6943−0.043%$178K$261K10x
OKX ETHFI-USDT-SWAP+0.0100%4h0.6935−0.159%$5.1M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6943−0.043%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6942−0.058%$1.2M$229K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6933−0.187%$6.0M$5.0M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6935−0.159%$8.9Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6945−0.009%$63K$127K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6943−0.043%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0199%4h0.6937−0.130%$1.2M$239K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0328%1h0.7066+1.727%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSDlong+0.1694%1h0.6946long leg$288K$296K20x