TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01270+0.0303pay 0.0038% / 1h15m 03s$213K$212K10xLong Kraken Futures
SHORT0.01286+0.0100get 0.0050% / 4h3h 15m$75K$19K10xShort Aster≤10% back
Price gap+1.297%
Funding gap−0.0203% /8h

The gap pays +$130 on $10k if it goes back to zero (no 7-day history yet), but funding costs $6 a day and eats that in about 21 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$55−0.0203% /8h now · paid +0.551% over the last 7D
Price—spread +1.297% now · no price history on both exchanges yet
Costs−$6,29762.971% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropAster: Stage 5 · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.297%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

W on 18 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size29.2 / 163.8 bp
    At $10k entering Aster costs 163.8 bp, fee and slippage, 5.6× Kraken Futures’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Kraken Futures 10x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$6.08Long Kraken Futures: 24 payments, −$9.08; short Aster: 6 payments, +$3.00.
  • Note: No 7-day spread history+1.297%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$75K vs $213K OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · Aster No
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0262%/8h × 21 periods+$55.08
Price spread+1.297% → 0+$129.65
Slippage, 4 orderslive order books−$6,279.07
Fee Kraken Futures bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$6,112.33
Costs to cover62.971%Break-even783.8 days
Slippage: Kraken Futures: live order book, 21 min ago; Aster: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures7.8229.2 bp−$298744.1 bp−$87.4Kdoesn’t fitdoesn’t fit
SELL · SHORTAster152.45163.8 bp−$164doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

W news

posts that mention W, from every exchangeSearch all news →
10-14 03:49ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-14 03:30ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-13 19:59ArcusListingnew market W-USD ($W) seen by our collector
10-12 15:17AsterListingNew perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗
10-12 14:13AsterListingnew market WUSDT ($W) seen by our collector