Funding you earn now, next payment 08:00 UTC−0.2122%/8h= −232.3% APRpaid last 24h −0.482%
Price spread now: Aster against Kraken Futures−0.353%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
Funding, last 6 days (all we have)−1.484%−$148 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.353%, 7d avg −0.159%
=Together, before fees−1.256%+ Points / potential airdropAster: Stage 5 · farm board−$126 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$64 a day on $10k at the current rate, and Aster is 0.194% cheaper against Kraken Futures than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZENUSD | 7.7729 | 0.2222 | pay 0.0278% / 1h | 46m 49s | $498K | $869K | 25x |
| Short | Aster ZENUSDT | 7.7455 | 0.0100 | get 0.0100% / 8h | 46m 49s | $44K | $391K | 10x |
Kraken Futures PF_ZENUSD
Aster ZENUSDTFunding 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
- −$445.6
- Price spread: −0.353% → −0.159%
- −$19.4
- Slippage, 4 orders
- −$125.49
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$608.49
- Costs to cover
- 1.435%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 27 min ago; Aster: live order book, 55 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 Kraken Futures live order book, 27 min ago | 10.97 bp | 69.8 bp −$70 | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Aster live order book, 55 min ago | 7.77 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
ZEN on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZENUSDT | −0.0039% | 1h | 7.7540 | −0.244% | $27K | $669K | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7402 | −0.421% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0014% | 8h | 7.7490 | −0.308% | $4.1M | $3.9M | 50x | as long as short |
| Aster ZENUSDTshort | +0.0100% | 8h | 7.7455 | −0.353% | $44K | $391K | 10x | |
| Binance ZENUSDT | +0.0100% | 8h | 7.7472 | −0.332% | $11.1M | $29.6M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7440 | −0.372% | $4.5M | $5.5M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7510 | −0.282% | $2.3M | $5.3M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7470 | −0.334% | $12.2M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7470 | −0.334% | $2.9M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7490 | −0.308% | — | $2.9M | — | as long as short |
ApeX Omni ZENUSDT
dYdX ZEN-USD
KuCoin ZENUSDTM
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7260 | −0.604% | $55K | $69K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7251 | −0.616% | $581K | $2.7M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7570 | −0.205% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7448 | −0.362% | $22K | $198K | 5x | as long as short |
| Hyperliquid ZEN | +0.0155% | 1h | 7.7668 | −0.079% | $2.4M | $1.3M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7460 | −0.347% | $836K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSDlong | +0.2222% | 1h | 7.7729 | long leg | $498K | $869K | 25x |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
BloFin ZEN-USDT