Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01389 | +0.0256 | pay 0.0128% / 4h | 7m 54s | $167K | $333K | 5x | Long Aster≤10% back | |
| SHORT | 0.01391 | +0.0100 | get 0.0050% / 4h | 7m 54s | $509K | $466K | 10x | Short KuCoin |
Price gap+0.158%
Funding gap−0.0156% /8h
The gap pays +$27 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 5.7 days. At the last 7 days' pace that is about 2.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$80−0.0156% /8h now · paid −0.798% over the last 7D
Price+$27spread +0.158% now, avg −0.108% → +0.266% if it goes back
Costs−$1,07810.778% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.158%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKOMA on 7 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size37.9 / 332.6 bpAt $10k entering KuCoin costs 332.6 bp, fee and slippage, 8.8× Aster’s.
- Note: Margin at max leverage$2,000 + $1,000Aster 5x, KuCoin 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.68Long Aster: 6 payments, −$7.68; short KuCoin: 6 payments, +$3.00.
- OK: Entry gap works for you+0.158% vs −0.108%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$167K vs $509K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0380%/8h × 21 periods−$79.79
Price spread+0.158% → −0.108% (7d avg)+$26.63
Slippage, 4 orderslive order books−$1,057.82
Fee Aster bp × 2 orders−$8.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$1,130.99
Costs to cover10.778%Break-evennever at this rate
Slippage: Aster: live order book, 35 min ago; KuCoin: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster5.5137.9 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin7.41332.6 bp−$333doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

