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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0594%/8h= +65.1% APRpaid last 24h −0.322%
Price spread now: Kraken Futures against Aster−0.072%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.832%−$83 on $10k
Price spread, last 4 days (all we have)−0.468%−$47 · spread now −0.072%, 7d avg +0.089%
Together, before fees−1.301%+ Points / potential airdropAster: Stage 5 · farm board−$130 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.160% cheaper against Aster than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.089%). If the spread goes back, that is −$16 on $10k: about 22 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 5 days funding on this pair cost −0.832%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARUSDT4.47660.0100pay 0.0100% / 8h4h 21m$26K$478K10x
ShortKraken Futures PF_ARUSD4.47340.0694get 0.0087% / 1h21m 46s$60K$159K20x

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

Profit calculator

Funding earned
$124.8
Price spread: −0.072% → +0.089%
−$16.04
Slippage, 4 orders
−$172.08
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$81.32
Costs to cover
1.901%
Break-even
11.6 days
Slippage from Aster: live order book, 36 min ago; Kraken Futures: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 36 min ago12.19 bp34.7 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 36 min ago32.13 bp48.8 bp −$49doesn't fitdoesn't fitdoesn't fit

AR on 17 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
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.4799+0.075%$576K50xas long as short
OKX AR-USDT-SWAP+0.0033%8h4.4720−0.102%$2.3M$17.8M20xas long as short
Aster ARUSDTlong+0.0100%8h4.4766long leg$26K$478K10x
Binance ARUSDT+0.0100%8h4.4734−0.070%$8.8M$49.8M75xas long as short
Bybit ARUSDT+0.0100%8h4.4734−0.071%$4.6M$8.2M75xas long as short
Gate AR_USDT+0.0100%8h4.4750−0.035%$2.5M$1.9M50xas long as short
MEXC AR_USDT+0.0100%8h4.4740−0.057%$6.4M$4.2M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.4740−0.057%$1.1M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.4710−0.124%$3.9M$5.0M75xas long as short
BingX AR-USDT+0.0100%8h4.4750−0.035%$2.8Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AR+0.0100%8h4.4612−0.344%$236K$246Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.4690−0.169%$19K$721K50xas long as short
Extended AR-USD+0.0104%1h4.4749−0.037%$36K$236K10xas long as short
Hyperliquid AR+0.0131%1h4.4816+0.112%$4.0M$4.3M5xas long as short
BloFin AR-USDT+0.0220%8h4.4790+0.054%$424K$469K20xas long as short
Kraken Futures PF_ARUSDshort+0.0694%1h4.4734−0.072%$60K$159K20x
Injective AR/USDC PERP+0.0854%1h4.4770+0.010%$2K$5K5.5xas long as short