Funding you earn now, next payment 00:00 UTC−0.0582%/8h= −63.7% APRpaid last 24h −1.014%
Price spread now: Aster against Kraken Futures−0.122%54s7-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 −$17 a day on $10k at the current rate, and Aster is 0.122% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SYRUPUSD | 0.2311 | 0.0682 | pay 0.0085% / 1h | 2m 25s | $42K | $23K | 10x |
| Short | Aster SYRUPUSDT | 0.2308 | 0.0100 | get 0.0050% / 4h | 2m 25s | $14K | $63K | 10x |
Funding 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
- −$122.24
- Price spread: −0.122% → 0.000%
- −$12.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$152.48
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. 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 no order-book sample | — | — | — | — | — |
Kraken Futures and Aster: 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.
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SYRUP-USDT | +0.0042% | 4h | 0.2307 | −0.172% | $457K | $135K | 50x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2312 | +0.058% | $210K | $220K | 5x | as long as short |
| Aster SYRUPUSDTshort | +0.0100% | 4h | 0.2308 | −0.122% | $14K | $63K | 10x | |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2307 | −0.155% | $9.6M | $6.7M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2309 | −0.081% | $2.3M | $2.0M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2307 | −0.154% | $1.2M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2306 | −0.193% | $429K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2307 | −0.154% | $3.0M | $583K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2311 | +0.002% | $2.0M | $110K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2308 | −0.111% | $680K | $454K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2309 | −0.085% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2305 | −0.224% | $166K | $46K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2308 | −0.103% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0331% / S −0.1447% | 1h | 0.2307 | −0.143% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSDlong | +0.0682% | 1h | 0.2311 | long leg | $42K | $23K | 10x | |
| Hyperliquid SYRUP | +0.1058% | 1h | 0.2312 | +0.045% | $5.9M | $1.6M | 3x | as long as short |
Kraken Futures PF_SYRUPUSD
Aster SYRUPUSDT
BloFin SYRUP-USDT
Lighter SYRUP
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP