Funding you earn now, next payment 05:00 UTC−0.1018%/8h= −111.5% APRpaid last 24h −0.210%
Price spread now: Aster against Kraken Futures−0.071%7-day average −0.057% · 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−$178as in the Price arb table
costs, in and out, $10k−$1771.769% of the position
Funding, last 6 days (all we have)−0.415%−$41 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.071%, 7d avg −0.057%
=Together, before fees−0.198%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$31 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.415% in total (about -27.4% 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_SPXUSD | 0.5147 | 0.1222 | pay 0.0153% / 1h | 26m 10s | $251K | $558K | 20x |
| Short | Aster SPXUSDT | 0.5144 | 0.0204 | get 0.0102% / 4h | 3h 26m | $137K | $129K | 10x |
Kraken Futures PF_SPXUSD
Aster SPXUSDTFunding 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
- −$213.84
- Price spread: −0.071% → −0.057%
- −$1.38
- Slippage, 4 orders
- −$158.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$392.08
- Costs to cover
- 1.769%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 27 min ago; Aster: live order book, 25 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, 27 min ago | 42.88 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 min ago | 7.73 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −3.270% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5144 | −0.071% | $150K | $370K | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5139 | −0.162% | $5.2M | $22.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5130 | −0.337% | $11.7M | $16.9M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5132 | −0.298% | $934K | $3.1M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5135 | −0.240% | $1.0M | $588K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5136 | −0.220% | $11.8M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5134 | −0.259% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5139 | −0.162% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5137 | −0.201% | — | $6.9M | — | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0100% | 4h | 0.5176 | +0.549% | $963K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5176 | +0.557% | $26K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5126 | −0.415% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5132 | −0.308% | $36K | $250K | 10x | as long as short |
| Aster SPXUSDTshort | +0.0204% | 4h | 0.5144 | −0.071% | $137K | $129K | 10x | |
| Orderly PERP_SPX_USDC | +0.0210% | 4h | 0.5144 | −0.065% | $20K | $599 | 10x | as long as short |
| Hyperliquid SPX | +0.0285% | 1h | 0.5144 | −0.069% | $10.5M | $7.8M | 5x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5151 | +0.071% | $254K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSDlong | +0.1222% | 1h | 0.5147 | long leg | $251K | $558K | 20x |
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
Hyperliquid SPX
BloFin SPX-USDT