Funding you earn now, next payment 06:00 UTC−1.1753%/8h= −1287.0% APRpaid last 24h −3.927%
Price spread now: Aster against Kraken Futures−0.754%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$353 a day on $10k at the current rate, and Aster is 0.754% cheaper against Kraken Futures than usual: you would sell low and buy high (−$75 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SWARMSUSD | 0.008374 | 1.3017 | pay 0.1627% / 1h | 55m 48s | $9K | $149 | 10x |
| Short | Aster SWARMSUSDT | 0.008311 | 0.1264 | get 0.0632% / 4h | 2h 55m | $31K | $102K | 5x |
Kraken Futures PF_SWARMSUSD
Aster SWARMSUSDTFunding 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
- −$2,468.15
- Price spread: −0.754% → 0.000%
- −$75.37
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$2,561.52
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 55 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 55 min ago | 15.61 bp | 449.7 bp −$450 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.
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 | 0.008270 | −1.243% | $950K | $104K | 10x | as long as short |
| MEXC SWARMS_USDT | +0.0788% | 4h | 0.008335 | −0.467% | $156K | $95K | 100x | as long as short |
| BingX SWARMS-USDT | +0.0788% | 4h | 0.008331 | −0.515% | — | $6.5M | — | as long as short |
| Binance SWARMSUSDT | +0.0799% | 4h | 0.008333 | −0.491% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USD | +0.0800% | 1h | 0.008332 | −0.506% | $9K | $213K | 5x | as long as short |
| BloFin SWARMS-USDT | +0.0810% | 4h | 0.008323 | −0.610% | $233K | $7K | 20x | as long as short |
| KuCoin SWARMSUSDTM | +0.1044% | 4h | 0.008303 | −0.849% | $778K | $120K | 20x | as long as short |
| Aster SWARMSUSDTshort | +0.1264% | 4h | 0.008311 | −0.754% | $31K | $102K | 5x | |
| Kraken Futures PF_SWARMSUSDlong | +1.3017% | 1h | 0.008374 | long leg | $9K | $149 | 10x |
Gate SWARMS_USDT
MEXC SWARMS_USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
Extended SWARMS-USD
BloFin SWARMS-USDT
KuCoin SWARMSUSDTM