MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0751%/8h= −82.2% APRnext payment −$3.75 per $10,000 · paid last 24h −0.122%

Price spread now: Aster against KuCoin−0.023%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1441.437% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.023%, 7d avg −0.083%

Together, before fees−0.237%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.060% dearer against KuCoin than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.083%): +$6 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.296% in total) that is about 34 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.296% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.75 per $10,000. 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	KuCoin MUBARAKUSDTM	0.04402	0.0926	pay 0.0463% / 4h	3h 10m	$1.6M	$1.1M	30x
Short	Aster MUBARAKUSDT	0.04401	0.0175	get 0.0088% / 4h	3h 10m	$21K	$399K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$157.65
Price spread: −0.023% → −0.083%: $6.02
Slippage, 4 orders: −$123.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$295.35
Costs to cover: 1.437%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 61 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 KuCoin live order book, 5 min ago	5.72 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 61 min ago	8.00 bp	27.0 bp −$27	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
Binance MUBARAKUSDT	+0.0100%	4h	0.04403	+0.023%	$16.0M	$87.7M	25x	as long as short
Bybit MUBARAKUSDT	+0.0100%	4h	0.04401	−0.023%	$3.4M	$10.7M	25x	as long as short
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04401	−0.034%	$2.6M	$53.8M	20x	as long as short
MEXC MUBARAK_USDT	+0.0100%	4h	0.04400	−0.045%	$864K	$1.5M	50x	as long as short
Bitget MUBARAKUSDT	+0.0100%	4h	0.04398	−0.091%	$2.8M	$7.2M	25x	as long as short
BingX MUBARAK-USDT	+0.0100%	4h	0.04400	−0.045%	—	$3.1M	—	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04409	+0.163%	$13K	$51K	—	as long as short
Aster MUBARAKUSDTshort	+0.0175%	4h	0.04401	−0.023%	$21K	$399K	5x
Gate MUBARAK_USDT	+0.0598%	4h	0.04410	+0.182%	$7.0M	$5.4M	50x	as long as short
KuCoin MUBARAKUSDTMlong	+0.0926%	4h	0.04402	long leg	$1.6M	$1.1M	30x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.1809%	1h	0.04382	−0.449%	$63K	$428K	10x	as long as short