Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001390 | +0.1366 | pay 0.0171% / 1h | 58m 33s | $70K | $171K | 10x | Long Kraken Futures | |
| SHORT | 0.001389 | −0.0412 | pay 0.0412% / 8h | 3h 58m | $26K | $66K | 5x | Short Aster≤10% back |
Price gap−0.059%
Funding gap−0.1777% /8h
Both sides work against this direction now: funding costs $53 a day on $10k and the gap is 0.052% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$176−0.1777% /8h now · paid −1.760% over the last 7D
Price−$5spread −0.059% now, avg −0.008% → −0.052% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$181−1.81%+ Points / potential airdropAster: Stage 5 · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−0.059%
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
/8hRSR on 13 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Kraken Futures’s order book right now.
- Note: Margin at max leverage$1,000 + $2,000Kraken Futures 10x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$53.32Long Kraken Futures: 24 payments, −$40.97; short Aster: 3 payments, −$12.35.
- Watch: Gap narrower than usual−0.059% vs −0.008%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$26K vs $70K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Aster NoFull 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−0.0838%/8h × 21 periods−$176.00
Price spread−0.059% → −0.008% (7d avg)−$5.18
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Kraken Futures: live order book, 63 min ago; Aster: live order book, 33 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures33.40doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster10.77doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-12 14:13 | Aster | Listing | new market RSRUSDT ($RSR) seen by our collector |


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