Funding you earn now, next payment 02:00 UTC+0.3097%/8h= +339.1% APRpaid last 24h +0.353%
Price spread now: Kraken Futures against Aster+0.277%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3343.344% of the position
Funding, last 5 days (all we have)+1.262%+$126 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.277%, 7d avg +0.156%
=Together, before fees+1.110%+ Points / potential airdropAster: Stage 5 · farm board+$111 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$93 a day on $10k at the current rate, and Kraken Futures is 0.120% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.156%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 1.262% in total (about 85.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZENUSDT | 7.7407 | 0.0100 | pay 0.0100% / 8h | 6h 28m | $55K | $383K | 10x |
| Short | Kraken Futures PF_ZENUSD | 7.7621 | 0.3197 | get 0.0400% / 1h | 28m 40s | $508K | $1.0M | 25x |
Aster ZENUSDT
Kraken Futures PF_ZENUSDFunding 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
- $650.39
- Price spread: +0.277% → +0.156%
- $12.03
- Slippage, 4 orders
- −$316.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $327.98
- Costs to cover
- 3.344%
- Break-even
- 3.5 days
Slippage from Aster: live order book, 38 min ago; Kraken Futures: live order book, 5 min ago.
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 live order book, 38 min ago | 10.24 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 33.07 bp | 39.9 bp −$40 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
ZEN 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7368 | −0.051% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0062% | 8h | 7.7163 | −0.315% | $52K | $85K | — | as long as short |
| ApeX Omni ZENUSDT | +0.0098% | 1h | 7.7220 | −0.241% | $26K | $682K | 50x | as long as short |
| Aster ZENUSDTlong | +0.0100% | 8h | 7.7407 | long leg | $55K | $383K | 10x | |
| Binance ZENUSDT | +0.0100% | 8h | 7.7481 | +0.096% | $11.2M | $31.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7440 | +0.043% | $4.6M | $6.0M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7480 | +0.095% | $2.3M | $5.5M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7540 | +0.172% | $12.2M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7460 | +0.069% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7480 | +0.095% | $2.9M | $3.4M | 50x | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
ApeX Omni ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.7390 | −0.022% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7050 | −0.461% | $586K | $1.8M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7340 | −0.086% | $1K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7411 | +0.006% | $28K | $122K | 5x | as long as short |
| Hyperliquid ZEN | +0.0377% | 1h | 7.7602 | +0.252% | $2.5M | $1.6M | 5x | as long as short |
| Kraken Futures PF_ZENUSDshort | +0.3197% | 1h | 7.7621 | +0.277% | $508K | $1.0M | 25x |
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN