Funding you earn now, next payment 02:00 UTC+0.2397%/8h= +262.5% APRpaid last 24h +0.426%
Price spread now: Kraken Futures against Aster+0.207%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$72 a day on $10k at the current rate, and Kraken Futures is 0.207% dearer against Aster than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster UMAUSDT | 0.4022 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $24K | $2K | 5x |
| Short | Kraken Futures PF_UMAUSD | 0.4030 | 0.2497 | get 0.0312% / 1h | 6m 47s | $14K | $6K | 10x |
Funding 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
- $503.39
- Price spread: +0.207% → 0.000%
- $20.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $506.13
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and 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.
UMA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid UMA | +0.0100% | 1h | 0.4027 | +0.125% | $213K | $67K | 3x | as long as short |
| Aster UMAUSDTlong | +0.0100% | 4h | 0.4022 | long leg | $24K | $2K | 5x | |
| Binance UMAUSDT | +0.0100% | 4h | 0.4022 | +0.002% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4022 | +0.008% | $667K | $160K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4018 | −0.091% | $313K | $239K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4023 | +0.033% | $78K | $46K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4021 | −0.017% | $223K | $171K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4017 | −0.116% | $163K | $62K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4026 | +0.107% | $970K | $71K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4020 | −0.042% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4023 | +0.028% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSDshort | +0.2497% | 1h | 0.4030 | +0.207% | $14K | $6K | 10x |
Aster UMAUSDT
Kraken Futures PF_UMAUSD
Hyperliquid UMA
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDT
BingX UMA-USDT
Variational Omni UMA