Funding you earn now, next payment 05:00 UTC−0.5493%/8h= −601.5% APRpaid last 24h +0.764%
Price spread now: Kraken Futures against Aster−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$165 a day on $10k at the current rate, and Kraken Futures is 0.033% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INITUSDT | 0.08291 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $27K | $39K | 5x |
| Short | Kraken Futures PF_INITUSD | 0.08288 | −0.5393 | pay 0.0674% / 1h | 0m 05s | $5K | $24K | 10x |
Aster INITUSDT
Kraken Futures PF_INITUSDFunding 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
- −$1,153.5
- Price spread: −0.033% → 0.000%
- −$3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,174.84
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and Kraken Futures: 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.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INITUSDshort | −0.5393% | 1h | 0.08288 | −0.033% | $5K | $24K | 10x | |
| Hyperliquid INIT | +0.0100% | 1h | 0.08295 | +0.052% | $310K | $238K | 3x | as long as short |
| Aster INITUSDTlong | +0.0100% | 4h | 0.08291 | long leg | $27K | $39K | 5x | |
| Binance INITUSDT | +0.0100% | 4h | 0.08295 | +0.055% | $3.4M | $4.0M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08281 | −0.117% | $1.4M | $1.7M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08280 | −0.129% | $138K | $736K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08281 | −0.117% | $81K | $59K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08296 | +0.064% | $443K | $212K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08268 | −0.274% | $321K | $63K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08283 | −0.093% | $426K | $337K | 25x | as long as short |
Hyperliquid INIT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08288 | −0.032% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08275 | −0.189% | $26K | $14K | — | as long as short |
| BloFin INIT-USDT | +0.0159% | 4h | 0.08278 | −0.153% | $152K | $110K | 25x | as long as short |
BingX INIT-USDT
Variational Omni INIT
BloFin INIT-USDT