Funding arb · Price arb / Crypto
RIVER
All RIVER markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7720 | +0.0716 | pay 0.0358% / 4h | 18m 11s | $139K | $42K | 10x | Long Aster≤10% back | |
| SHORT | 0.7725 | +0.1390 | get 0.0174% / 1h | 18m 11s | $109K | $62K | 20x | Short Kraken Futures |
Price gap+0.065%
Funding gap+0.0674% /8h
Both sides work: funding pays +$20 a day on $10k, and the gap is 0.176% above its 7d average: +$18 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$116+0.0674% /8h now · paid +1.162% over the last 7D
Price+$18spread +0.065% now, avg −0.112% → +0.176% if it goes back
Costs−$1471.469% 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+0.065%
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
/8hRIVER on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size37.0 / 37.7 bpAt $10k entering Kraken Futures costs 37.7 bp, fee and slippage, 1.0× Aster’s.
- Note: Margin at max leverage$1,000 + $500Aster 10x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$20.22Long Aster: 6 payments, −$21.47; short Kraken Futures: 24 payments, +$41.69.
- OK: Entry gap works for you+0.065% vs −0.112%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$109K vs $139K OIKraken Futures 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 · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0554%/8h × 21 periods+$116.25
Price spread+0.065% → −0.112% (7d avg)+$17.64
Slippage, 4 orderslive order books−$128.88
Fee Aster bp × 2 orders−$8.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$12.99
Costs to cover1.469%Break-even7.8 days
Slippage: Aster: live order book, 24 min ago; Kraken Futures: live order book, 46 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster13.0737.0 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures32.6637.7 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

