Funding you earn now, next payment 08:00 UTC−0.1822%/8h= −199.5% APRpaid last 24h −0.420%
Price spread now: Aster against Kraken Futures−0.964%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 −$55 a day on $10k at the current rate, and Aster is 0.964% cheaper against Kraken Futures than usual: you would sell low and buy high (−$96 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_UMAUSD | 0.4087 | 0.1922 | pay 0.0240% / 1h | 23m 44s | $14K | $5K | 10x |
| Short | Aster UMAUSDT | 0.4047 | 0.0100 | get 0.0050% / 4h | 23m 44s | $25K | $769 | 5x |
Kraken Futures PF_UMAUSD
Aster UMAUSDTFunding 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
- −$382.57
- Price spread: −0.964% → 0.000%
- −$96.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$496.97
- 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.
UMA on 13 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 | 0.4047 | −0.968% | $213K | $63K | 3x | as long as short |
| Aster UMAUSDTshort | +0.0100% | 4h | 0.4047 | −0.964% | $25K | $769 | 5x | |
| Binance UMAUSDT | +0.0100% | 4h | 0.4043 | −1.083% | $1.5M | $1.1M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4047 | −0.973% | $679K | $142K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4043 | −1.071% | $315K | $235K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4050 | −0.900% | $77K | $41K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4042 | −1.095% | $213K | $172K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4045 | −1.022% | $155K | $62K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4051 | −0.875% | $978K | $65K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4047 | −0.973% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDT
BingX UMA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4046 | −0.991% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0139% | 4h | 0.4041 | −1.120% | $74K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSDlong | +0.1922% | 1h | 0.4087 | long leg | $14K | $5K | 10x |
Variational Omni UMA
BloFin UMA-USDT