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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETHFIUSD | 0.6946 | 0.1694 | pay 0.0212% / 1h | 42m 52s | $288K | $296K | 20x |
| Short | Aster ETHFIUSDT | 0.6943 | 0.0100 | get 0.0050% / 4h | 1h 42m | $178K | $261K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 65 min ago | 12.19 bp | 39.6 bp −$40 | 191.4 bp −$1,914 | doesn't fit | doesn't fit |
| Sell Aster live order book, 64 min ago | 0.72 bp | 26.1 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0470% | 1h | 0.6940 | −0.087% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0366% | 4h | 0.6926 | −0.288% | $82K | $175K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0280% | 4h | 0.6939 | −0.101% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0155% | 4h | 0.6936 | −0.140% | $922K | $778K | — | as long as short |
| Bybit ETHFIUSDT | −0.0077% | 4h | 0.6932 | −0.202% | $17.2M | $13.0M | 25x | as long as short |
| Binance ETHFIUSDT | −0.0041% | 4h | 0.6929 | −0.245% | $24.0M | $36.1M | 75x | as long as short |
| Extended ETHFI-USD | −0.0040% | 1h | 0.6931 | −0.213% | $94K | $506K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0040% | 4h | 0.6933 | −0.187% | $15.4M | $4.2M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0021% | 8h | 0.6933 | −0.190% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.232% | $321 | $51K | 5.5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6935 | −0.159% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6943 | −0.043% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6936 | −0.143% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDTshort | +0.0100% | 4h | 0.6943 | −0.043% | $178K | $261K | 10x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6935 | −0.159% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6943 | −0.043% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6942 | −0.058% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6933 | −0.187% | $6.0M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6935 | −0.159% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6945 | −0.009% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6943 | −0.043% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0199% | 4h | 0.6937 | −0.130% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.727% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | +0.1694% | 1h | 0.6946 | long leg | $288K | $296K | 20x |
Kraken Futures PF_ETHFIUSD
Aster ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Bybit ETHFIUSDT
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX