Funding you earn now, next payment 00:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h +0.117%
Price spread now: Aster against Kraken Futures−0.134%7-day average −0.037% · 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−$101as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 5 days (all we have)−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.134%, 7d avg −0.037%
=Together, before fees−0.123%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 0.097% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.156% in total (about -10.7% 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 | Kraken Futures PF_ETHFIUSD | 0.7195 | 0.0550 | pay 0.0069% / 1h | 23m 19s | $277K | $162K | 20x |
| Short | Aster ETHFIUSDT | 0.7185 | 0.0080 | get 0.0040% / 4h | 23m 19s | $183K | $259K | 10x |
Kraken Futures PF_ETHFIUSD
Aster ETHFIUSDTFunding 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
- −$98.88
- Price spread: −0.134% → −0.037%
- −$9.69
- Slippage, 4 orders
- −$73.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$199.59
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; Aster: live order book, 53 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, 54 min ago | 11.16 bp | 31.2 bp −$31 | 138.1 bp −$1,381 | doesn't fit | doesn't fit |
| Sell Aster live order book, 53 min ago | 5.58 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0367% | 4h | 0.7169 | −0.356% | $83K | $165K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7187 | −0.106% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0187% | 4h | 0.7182 | −0.175% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0009% | 8h | 0.7176 | −0.252% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7180 | −0.197% | $93K | $492K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0032% | 4h | 0.7179 | −0.217% | $15.3M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0032% | 4h | 0.7185 | −0.134% | $25.0M | $37.2M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.631% | $321 | $51K | 5.5x | as long as short |
| Aster ETHFIUSDTshort | +0.0080% | 4h | 0.7185 | −0.134% | $183K | $259K | 10x | |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7180 | −0.203% | $9K | — | 3x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7195 | +0.007% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7191 | −0.043% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7184 | −0.148% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7187 | −0.106% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7182 | −0.175% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7178 | −0.231% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7180 | −0.203% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7180 | −0.203% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7178 | −0.235% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7182 | −0.177% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7186 | −0.120% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0128% | 4h | 0.7178 | −0.231% | $1.3M | $288K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.589% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSDlong | +0.0550% | 1h | 0.7195 | long leg | $277K | $162K | 20x |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX