Funding you earn now, next payment 08:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.082%
Price spread now: KuCoin against Aster−0.255%7-day average −0.181% · 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−$2,202as in the Price arb table
costs, in and out, $10k−$2,19421.942% of the position
Funding, last 6 days (all we have)−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.255%, 7d avg −0.181%
=Together, before fees−0.076%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.074% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.181%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SWARMSUSDT | 0.008207 | 0.1175 | pay 0.0587% / 4h | 1h 34m | $31K | $101K | 5x |
| Short | KuCoin SWARMSUSDTM | 0.008186 | 0.0962 | get 0.0481% / 4h | 1h 34m | $767K | $119K | 20x |
Aster SWARMSUSDT
KuCoin SWARMSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- −$44.63
- Price spread: −0.255% → −0.181%
- −$7.37
- Slippage, 4 orders
- −$2,174.16
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,246.16
- Costs to cover
- 21.942%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; KuCoin: live order book, 35 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 Aster live order book, 6 min ago | 16.36 bp | 473.5 bp −$474 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 16.92 bp | 758.0 bp −$758 | doesn't fit | doesn't fit | doesn't fit |
SWARMS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008201 | −0.072% | $947K | $112K | 10x | as long as short |
| BloFin SWARMS-USDT | +0.0707% | 4h | 0.008215 | +0.098% | $226K | $8K | 20x | as long as short |
| BingX SWARMS-USDT | +0.0708% | 4h | 0.008210 | +0.037% | — | $6.5M | — | as long as short |
| Binance SWARMSUSDT | +0.0722% | 4h | 0.008212 | +0.062% | $3.5M | $3.4M | 20x | as long as short |
| Extended SWARMS-USD | +0.0736% | 1h | 0.008212 | +0.056% | $7K | $197K | 5x | as long as short |
| MEXC SWARMS_USDT | +0.0738% | 4h | 0.008212 | +0.062% | $150K | $98K | 100x | as long as short |
| KuCoin SWARMSUSDTMshort | +0.0962% | 4h | 0.008186 | −0.255% | $767K | $119K | 20x | |
| Aster SWARMSUSDTlong | +0.1175% | 4h | 0.008207 | long leg | $31K | $101K | 5x | |
| Kraken Futures PF_SWARMSUSD | +1.3820% | 1h | 0.008248 | +0.495% | $9K | $90 | 10x | as long as short |
Gate SWARMS_USDT
BloFin SWARMS-USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
Extended SWARMS-USD
MEXC SWARMS_USDT
Kraken Futures PF_SWARMSUSD