Settings8H · net · $10k
Funding arb · Price arb /

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1484%/8h= +162.5% APRpaid last 24h +0.300%
Price spread now: Aster against Kraken Futures−0.072%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.072% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$45 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GMTUSD0.008509−0.1578get 0.0197% / 1h23m 16s$43K$13K20x
ShortAster GMTUSDT0.008503−0.0095pay 0.0047% / 4h3h 23m$7K$22K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$311.56
Price spread: −0.072% → 0.000%
−$7.24
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$286.32
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: Kraken Futures: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and 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.

GMT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSDlong−0.1578%1h0.008509long leg$43K$13K20x
Bybit GMTUSDT−0.0505%8h0.008497−0.138%$1.1M$2.0M50xas long as short
OKX GMT-USDT-SWAP−0.0482%4h0.008497−0.138%$398K$1.2M20xas long as short
KuCoin GMTUSDTM−0.0424%4h0.008510+0.015%$275K$178K50xas long as short
Variational Omni GMT−0.0284%8h0.008509+0.002%$4K$5Kas long as short
Aster GMTUSDTshort−0.0095%4h0.008503−0.072%$7K$22K10x
Bitget GMTUSDT−0.0034%4h0.008504−0.055%$676K$615K50xas long as short
BingX GMT-USDT+0.0050%4h0.008503−0.067%$1.3Mas long as short
Hyperliquid GMT+0.0100%1h0.008500−0.102%$112K$150K3xas long as short
Binance GMTUSDT+0.0100%4h0.008502−0.074%$2.9M$5.2M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDT+0.0100%8h0.008520+0.133%$150K$175K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008505−0.044%$431K$210K20xas long as short