Funding arb · Price arb /

MUBARAK

all MUBARAK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0450%/8h= +49.3% APRpaid last 24h −0.073%

Price spread now: Kraken Futures against Aster+0.044%7-day average −0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$335as in the Funding arb table

Net, price: spread back to 7d avg − costs−$179as in the Price arb table

costs, in and out, $10k−$1921.924% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.427%−$143 on $10k

Price spread, last 3 days (all we have)−0.334%−$33 · spread now +0.044%, 7d avg −0.085%

Together, before fees−1.762%+ Points / potential airdropAster: Stage 5 · farm board−$176 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.129% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.085%. Mind the row above: over the last 7 days funding on this pair cost −1.427%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MUBARAKUSDT	0.04325	0.0364	pay 0.0182% / 4h	2h 31m	$20K	$378K	5x
Short	Kraken Futures PF_MUBARAKUSD	0.04327	0.0815	get 0.0102% / 1h	31m 40s	$63K	$410K	10x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.044%Rate

Funding earned: $94.53
Price spread: +0.044% → −0.085%: $12.95
Slippage, 4 orders: −$174.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$84.97
Costs to cover: 1.924%
Break-even: 13.3 days

Slippage from Aster: live order book, 55 min ago; Kraken Futures: live order book, 56 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, 55 min ago	8.13 bp	27.6 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 56 min ago	58.04 bp	71.3 bp −$71	doesn't fit	doesn't fit	doesn't fit

MUBARAK on 11 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
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04338	+0.301%	$2.6M	$51.5M	20x	as long as short
Bitget MUBARAKUSDT	+0.0100%	4h	0.04339	+0.333%	$2.7M	$6.9M	25x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04326	+0.025%	$13K	$51K	—	as long as short
Binance MUBARAKUSDT	+0.0242%	4h	0.04339	+0.326%	$15.7M	$84.4M	25x	as long as short
MEXC MUBARAK_USDT	+0.0244%	4h	0.04336	+0.264%	$855K	$1.5M	50x	as long as short
BingX MUBARAK-USDT	+0.0324%	4h	0.04340	+0.356%	—	$3.1M	—	as long as short
Gate MUBARAK_USDT	+0.0332%	4h	0.04332	+0.171%	$6.8M	$5.3M	50x	as long as short
Aster MUBARAKUSDTlong	+0.0364%	4h	0.04325	long leg	$20K	$378K	5x
Bybit MUBARAKUSDT	+0.0378%	4h	0.04341	+0.389%	$3.4M	$10.4M	25x	as long as short
Kraken Futures PF_MUBARAKUSDshort	+0.0815%	1h	0.04327	+0.044%	$63K	$410K	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MUBARAKUSDTM	+0.1774%	4h	0.04341	+0.379%	$1.6M	$936K	30x	as long as short