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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1659%/8h= +181.7% APRpaid last 24h +0.280%
Price spread now: Aster against Kraken Futures+0.090%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Aster is 0.090% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GMTUSD0.008369−0.1559get 0.0195% / 1h57m 45s$46K$11K20x
ShortAster GMTUSDT0.0083760.0100get 0.0050% / 4h57m 45s$8K$14K10x

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
$348.4
Price spread: +0.090% → 0.000%
$9.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$339.42
Costs to cover
0.180%
Break-even
0.2 days
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
LegHalf-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.

GMT on 12 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
Kraken Futures PF_GMTUSDlong−0.1559%1h0.008369long leg$46K$11K20x
KuCoin GMTUSDTM+0.0056%4h0.008360−0.105%$250K$101K50xas long as short
Hyperliquid GMT+0.0100%1h0.008370+0.014%$123K$123K3xas long as short
Aster GMTUSDTshort+0.0100%4h0.008376+0.090%$8K$14K10x
Binance GMTUSDT+0.0100%4h0.008372+0.036%$2.7M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008370+0.014%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008361−0.093%$347K$555K20xas long as short
Gate GMT_USDT+0.0100%8h0.008370+0.014%$147K$105K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008371+0.026%$422K$181K20xas long as short
Bitget GMTUSDT+0.0100%4h0.008366−0.034%$674K$400K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMT+0.0100%8h0.008349−0.232%$3K$5Kas long as short
BingX GMT-USDT+0.0200%4h0.008370+0.014%$1.2Mas long as short