Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,869.1 | +0.0050 | pay 0.0050% / 8h | 1h 52m | $235K | $45K | 10x | Long Aster≤10% back | |
| SHORT | 1,874.9 | +0.0057 | get 0.0007% / 1h | 52m 10s | $183K | $183K | 10x | Short Kraken Futures |
Price gap+0.310%
Funding gap+0.0007% /8h
Funding is ≈ 0, so this is a price-spread trade: +$22 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0007% /8h now · paid +0.001% over the last 7D
Price+$22spread +0.310% now, avg +0.092% → +0.218% if it goes back
Costs−$1,98219.821% of $10k · taker + slippage, in and out
Result−$1,960−19.60%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.310%
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
/8hANTHROPIC on 26 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size6.5 / 1471.7 bpAt $10k entering Kraken Futures costs 1471.7 bp, fee and slippage, 225.5× Aster’s.
- Note: Margin at max leverage$1,000 + $1,000Aster 10x, Kraken Futures 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.22Long Aster: 3 payments, −$1.50; short Kraken Futures: 24 payments, +$1.72.
- OK: Entry gap works for you+0.310% vs +0.092%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$183K vs $235K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Kraken Futures YesFull 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 earned0.0000%/8h × 21 periods+$0.06
Price spread+0.310% → +0.092% (7d avg)+$21.76
Slippage, 4 orderslive order books−$1,964.15
Fee Aster bp × 2 orders−$8.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$1,960.33
Costs to cover19.821%Break-even233592.0 days
Slippage: Aster: live order book, 50 min ago; Kraken Futures: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster2.536.5 bp−$720.7 bp−$207doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures8.451471.7 bp−$1,472doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-26 13:10 | Kalshi | Other | JUST IN: Anthropic IPO filing says the company will not pay dividends soon @Kalshi on X ↗ |


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