Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01270 | +0.0303 | pay 0.0038% / 1h | 15m 03s | $213K | $212K | 10x | Long Kraken Futures | |
| SHORT | 0.01286 | +0.0100 | get 0.0050% / 4h | 3h 15m | $75K | $19K | 10x | Short 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 forecastFunding+$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
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
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
/8hW on 18 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size29.2 / 163.8 bpAt $10k entering Aster costs 163.8 bp, fee and slippage, 5.6× Kraken Futures’s.
- Note: Margin at max leverage$1,000 + $1,000Kraken Futures 10x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments 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 OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Aster NoFull 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 outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
| 10-14 03:49 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-14 03:30 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-13 19:59 | Arcus | Listing | new market W-USD ($W) seen by our collector |
| 10-12 15:17 | Aster | Listing | New perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗ |
| 10-12 14:13 | Aster | Listing | new market WUSDT ($W) seen by our collector |

