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

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−3.9459%/8h= −4320.7% APRpaid last 24h −3.348%
Price spread now: Aster against Kraken Futures−0.953%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$1,184 a day on $10k at the current rate, and Aster is 0.953% cheaper against Kraken Futures than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_RAREUSD0.013353.9559pay 0.4945% / 1h53m 52s$3K$2K10x
ShortAster RAREUSDT0.013220.0100get 0.0050% / 4h3h 53m$8K$3K5x

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
−$8,286.33
Price spread: −0.953% → 0.000%
−$95.34
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8,399.67
Costs to cover
0.180%
Break-even
never at this rate
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.

RARE on 11 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
BloFin RARE-USDT+0.0063%4h0.01322−0.953%$106K$12K25xas long as short
BingX RARE-USDT+0.0070%4h0.01322−0.953%$1.3Mas long as short
Aster RAREUSDTshort+0.0100%4h0.01322−0.953%$8K$3K5x
Binance RAREUSDT+0.0100%4h0.01322−0.953%$1.6M$1.1M25xas long as short
Bybit RAREUSDT+0.0100%4h0.01324−0.841%$310K$90K25xas long as short
Gate RARE_USDT+0.0100%4h0.01321−1.028%$49K$25K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01321−1.028%$636K$175K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01323−0.878%$202K$69K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01320−1.103%$231K$75K20xas long as short
Variational Omni RARE+0.0100%4h0.01323−0.861%$1K$923as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSDlong+3.9559%1h0.01335long leg$3K$2K10x