Funding you earn now, next payment 08:00 UTC−0.1645%/8h= −180.1% APRpaid last 24h −0.402%
Price spread now: Aster against Kraken Futures−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$49 a day on $10k at the current rate, and Aster is 0.116% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 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 | Kraken Futures PF_TRBUSD | 19.107 | 0.1745 | pay 0.0218% / 1h | 16m 00s | $103K | $51K | 10x |
| Short | Aster TRBUSDT | 19.085 | 0.0100 | get 0.0050% / 4h | 16m 00s | $6K | $26K | 5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$345.49
- Price spread: −0.116% → 0.000%
- −$11.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$375.07
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 21 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 21 min ago | 72.92 bp | 5604.6 bp −$5,605 | 19556.7 bp −$195.6K | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.
TRB 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0048% | 4h | 19.070 | −0.193% | $354K | $167K | 50x | as long as short |
| Hyperliquid TRB | +0.0100% | 1h | 19.094 | −0.068% | $475K | $273K | 3x | as long as short |
| Aster TRBUSDTshort | +0.0100% | 4h | 19.085 | −0.116% | $6K | $26K | 5x | |
| Binance TRBUSDT | +0.0100% | 4h | 19.080 | −0.141% | $5.0M | $11.9M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.114 | +0.037% | $6.2M | $2.2M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.090 | −0.089% | $4.3M | $5.3M | 20x | as long as short |
| Gate TRB_USDT | +0.0100% | 4h | 19.100 | −0.036% | $553K | $2.2M | 50x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.078 | −0.151% | $15.6M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.108 | +0.006% | $1.2M | $332K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.087 | −0.104% | $1.3M | $1.6M | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TRB-USDT | +0.0100% | 4h | 19.100 | −0.036% | — | $5.0M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.054 | −0.279% | $15K | $16K | — | as long as short |
| Kraken Futures PF_TRBUSDlong | +0.1745% | 1h | 19.107 | long leg | $103K | $51K | 10x |
Kraken Futures PF_TRBUSD
Aster TRBUSDT
BloFin TRB-USDT
Hyperliquid TRB
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
Gate TRB_USDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRB