Funding you earn now, next payment 02:00 UTC−0.0845%/8h= −92.5% APRpaid last 24h −0.021%
Price spread now: Kraken Futures against Aster−0.691%7-day average −0.144% · 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−$225as in the Price arb table
costs, in and out, $10k−$1701.701% of the position
Funding, last 5 days (all we have)−1.455%−$145 on $10k
+Price spread, last 3 days (all we have)+0.895%+$90 · spread now −0.691%, 7d avg −0.144%
=Together, before fees−0.559%+ Points / potential airdropAster: Stage 5 · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.548% cheaper against Aster than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SYNUSDT | 0.2418 | 0.1297 | pay 0.0648% / 4h | 2h 55m | $2.7M | $812K | 5x |
| Short | Kraken Futures PF_SYNUSD | 0.2401 | 0.0452 | get 0.0056% / 1h | 55m 05s | $195K | $557K | 10x |
Aster SYNUSDT
Kraken Futures PF_SYNUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$177.45
- Price spread: −0.691% → −0.144%
- −$54.78
- Slippage, 4 orders
- −$152.06
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$402.29
- Costs to cover
- 1.701%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Kraken Futures: live order book, 13 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, 3 min ago | 12.33 bp | 45.3 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 13 min ago | 24.78 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
SYN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDT | +0.0100% | 4h | 0.2403 | −0.608% | $1.3M | $3.3M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2412 | −0.245% | $4K | $40K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2406 | −0.505% | $1.6M | $1.8M | 50x | as long as short |
| MEXC SYN_USDT | +0.0218% | 4h | 0.2405 | −0.534% | $2.7M | $7.5M | 50x | as long as short |
| Binance SYNUSDT | +0.0220% | 4h | 0.2404 | −0.580% | $12.2M | $41.0M | 10x | as long as short |
| BingX SYN-USDT | +0.0222% | 4h | 0.2403 | −0.617% | — | $3.2M | — | as long as short |
| Kraken Futures PF_SYNUSDshort | +0.0452% | 1h | 0.2401 | −0.691% | $195K | $557K | 10x | |
| Aster SYNUSDTlong | +0.1297% | 4h | 0.2418 | long leg | $2.7M | $812K | 5x |
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
MEXC SYN_USDT
Binance SYNUSDT
BingX SYN-USDT