Funding you earn now, next payment 03:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.010%
Price spread now: Kraken Futures against Aster+0.057%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.185%−$18 · spread now +0.057%, 7d avg −0.088%
=Together, before fees−0.197%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.145% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNBUSDT | 788.84 | 0.0035 | pay 0.0035% / 8h | 5h 54m | $6.2M | $18.7M | 200x |
| Short | Kraken Futures PF_BNBUSD | 789.29 | 0.0091 | get 0.0011% / 1h | 54m 18s | $2.5M | $1.2M | 50x |
Aster BNBUSDT
Kraken Futures PF_BNBUSDFunding 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
- $11.76
- Price spread: +0.057% → −0.088%
- $14.5
- Slippage, 4 orders
- −$14.58
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.31
- Costs to cover
- 0.326%
- Break-even
- 10.8 days
Slippage from Aster: live order book, 5 min ago; Kraken Futures: live order book, 4 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, 5 min ago | 0.25 bp | 4.3 bp −$4 | 5.1 bp −$51 | 18.6 bp −$1,863 | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 4.76 bp | 13.7 bp −$14 | 16.9 bp −$169 | 32.6 bp −$3,261 | 151.0 bp −$75.5K |
BNB on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0167% / S +0.0335% | 1h | 788.93 | +0.011% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.63 | −0.027% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.38 | +0.195% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 789.12 | +0.035% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.060% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDTlong | +0.0035% | 8h | 788.84 | long leg | $6.2M | $18.7M | 200x | |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.66 | +0.104% | $619K | $1.8M | 50x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 789.18 | +0.043% | — | $34.6M | — | as long as short |
| Phemex BNBUSDT | +0.0060% | 8h | 788.69 | −0.019% | $69.0M | $50.8M | 50x | as long as short |
| Variational Omni BNB | +0.0066% | 8h | 789.32 | +0.061% | $4.1M | $4.8M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Phemex BNBUSDT
Variational Omni BNBShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0069% | 8h | 789.40 | +0.071% | $80.4M | $12.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0070% | 8h | 789.73 | +0.113% | $494.5M | $808.8M | 75x | as long as short |
| Gate BNB_USDT | +0.0078% | 8h | 789.05 | +0.026% | $35.4M | $56.3M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 789.07 | +0.029% | $170K | $35K | 10x | as long as short |
| Kraken Futures PF_BNBUSDshort | +0.0091% | 1h | 789.29 | +0.057% | $2.5M | $1.2M | 50x | |
| Lighter BNB | +0.0096% | 1h | 788.48 | −0.046% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.33 | +0.062% | $381K | $380K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.15 | −0.088% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.05 | +0.026% | $51.7M | $18.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.46 | −0.048% | $1.2M | $909K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.20 | +0.045% | $138.7M | $78.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.30 | +0.058% | $53.4M | $112.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.60 | −0.031% | $52K | $130K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.36 | −0.061% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.22 | +0.048% | $77.0M | $30.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.79 | −0.007% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.30 | −0.068% | $4.1M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.22 | −0.079% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.60 | −0.031% | $137K | $945K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.57 | +0.092% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.77 | −0.009% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.58 | −0.033% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 788.99 | +0.018% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.16 | +0.040% | $1.8M | $5.9M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0104% | 8h | 788.27 | −0.072% | $2.9M | $27.9M | 10x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.43 | +0.074% | $379K | $110K | 10x | as long as short |
| SoDEX BNB-USD | +0.0142% | 1h | 789.50 | +0.083% | $388K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0175% | 8h | 788.70 | −0.018% | $91K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0222% | 1h | 788.30 | −0.069% | $159K | $64K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 789.00 | +0.020% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 788.60 | −0.031% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0340% | 1h | 789.39 | +0.069% | $639K | $13K | 10x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 788.71 | −0.017% | $1.1M | $1.1M | 20x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 789.92 | +0.136% | $1.5M | $160K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0544% | 1h | 789.41 | +0.072% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
Binance BNBUSDT
Gate BNB_USDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
GRVT BNB_USDT_Perp
Aevo BNB-PERP
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P