Funding you earn now, next payment 03:00 UTC−0.1282%/8h= −140.4% APRpaid last 24h −0.176%
Price spread now: Aster against Kraken Futures−0.231%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$830as in the Price arb table
costs, in and out, $10k−$8128.121% of the position
Funding, last 5 days (all we have)−0.390%−$39 on $10k
+Price spread, last 4 days (all we have)+1.044%+$104 · spread now −0.231%, 7d avg −0.056%
=Together, before fees+0.654%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Aster is 0.175% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.390% in total (about -26.1% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_SPXUSD | 0.5070 | 0.1423 | pay 0.0178% / 1h | 15m 34s | $251K | $544K | 20x |
| Short | Aster SPXUSDT | 0.5058 | 0.0140 | get 0.0070% / 4h | 1h 15m | $128K | $111K | 10x |
Kraken Futures PF_SPXUSD
Aster SPXUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$269.29
- Price spread: −0.231% → −0.056%
- −$17.54
- Slippage, 4 orders
- −$794.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,098.9
- Costs to cover
- 8.121%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 47 min ago; Aster: live order book, 45 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 Kraken Futures live order book, 47 min ago | 23.36 bp | 78.0 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 45 min ago | 15.55 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.799% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5059 | −0.217% | $136K | $359K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5052 | −0.355% | $10.1M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5054 | −0.320% | $5.1M | $21.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5051 | −0.378% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5050 | −0.398% | $942K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5048 | −0.438% | $1.0M | $559K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5053 | −0.339% | $11.9M | $4.8M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5053 | −0.339% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5057 | −0.260% | $2.6M | $1.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5054 | −0.319% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5060 | −0.201% | $881K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5059 | −0.221% | $25K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5053 | −0.339% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5054 | −0.326% | $33K | $250K | 10x | as long as short |
| Aster SPXUSDTshort | +0.0140% | 4h | 0.5058 | −0.231% | $128K | $111K | 10x | |
| Orderly PERP_SPX_USDC | +0.0144% | 4h | 0.5070 | −0.004% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5055 | −0.300% | $254K | $988K | 75x | as long as short |
| Kraken Futures PF_SPXUSDlong | +0.1423% | 1h | 0.5070 | long leg | $251K | $544K | 20x |
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
BloFin SPX-USDT