Funding you earn now, next payment 11:00 UTC+0.0413%/8h= +45.2% APRpaid last 24h +0.082%
Price spread now: Aster against Kraken Futures+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.078% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1098 | −0.0313 | get 0.0039% / 1h | 47m 33s | $807K | $1.1M | 50x |
| Short | Aster ALGOUSDT | 0.1099 | 0.0100 | get 0.0100% / 8h | 5h 47m | $44K | $37K | 5x |
Funding 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
- $86.69
- Price spread: +0.078% → 0.000%
- $7.78
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $76.47
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; Aster: no order-book sample. Net counts fees only.
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, 4 min ago | 6.82 bp | 18.4 bp −$18 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.0317% | 8h | 0.1097 | −0.089% | $10.6M | $13.3M | 75x | as long as short |
| Kraken Futures PF_ALGOUSDlong | −0.0313% | 1h | 0.1098 | long leg | $807K | $1.1M | 50x | |
| Deribit ALGO_USDC-PERPETUAL | −0.0296% | 1h | 0.1098 | +0.002% | $86K | $41K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1098 | +0.038% | $16K | — | 150x | as long as short |
| Variational Omni ALGO | +0.0017% | 8h | 0.1098 | −0.014% | $59K | $13K | — | as long as short |
| OKX ALGO-USDT-SWAP | +0.0030% | 8h | 0.1098 | −0.016% | $2.6M | $7.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.015% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1105 | +0.685% | $63K | $176K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1100 | +0.157% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDTshort | +0.0100% | 8h | 0.1099 | +0.078% | $44K | $37K | 5x |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | +0.0100% | 8h | 0.1098 | +0.034% | $9.2M | $33.7M | 75x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1096 | −0.134% | $826K | $880K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1098 | +0.039% | $23.5M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1099 | +0.057% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1098 | +0.011% | $5.4M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1097 | −0.052% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1098 | −0.016% | $57K | $129K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1100 | +0.194% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1098 | +0.008% | $4K | $179K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1099 | +0.075% | $472K | $808K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0316% / S −0.0264% | 1h | 0.1098 | +0.045% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1375% | 1h | 0.1099 | +0.097% | $159K | $5K | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Aster ALGOUSDT
Bybit ALGOUSDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Variational Omni ALGO
OKX ALGO-USDT-SWAP
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Binance ALGOUSDT
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]