Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.038%
Price spread now: Kraken Futures against Coinbase International+0.034%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.034%, 7d avg +0.055%
=Funding pays, the price is against you. Kraken Futures is 0.020% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.055%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.328%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ASTER-PERP-INTX | 0.7246 | 0.0008 | pay 0.0001% / 1h | 54m 55s | $251K | $1.3M | 50x |
| Short | Kraken Futures PF_ASTERUSD | 0.7249 | 0.0056 | get 0.0007% / 1h | 54m 55s | $334K | $599K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- $10.09
- Price spread: +0.034% → +0.055%
- −$2.01
- Slippage, 4 orders
- −$45.87
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$57.79
- Costs to cover
- 0.659%
- Break-even
- 47.1 days
Slippage from Coinbase International: live order book, 4 min ago; Kraken Futures: live order book, 38 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 Coinbase International live order book, 4 min ago | 3.09 bp | 15.0 bp −$15 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 38 min ago | 6.86 bp | 22.1 bp −$22 | 39.6 bp −$396 | doesn't fit | doesn't fit |
ASTER on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ASTER_USDC-PERPETUAL | −0.0053% | 1h | 0.7247 | +0.007% | $11K | $55K | 25x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7231 | −0.212% | $50.5M | $110.1M | 200x | as long as short |
| dYdX ASTER-USD | 0.0000% | 1h | 0.7254 | +0.113% | $14K | $1K | 5x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0005% | 1h | 0.7313 | +0.916% | $24K | — | 150x | as long as short |
| Coinbase International ASTER-PERP-INTXlong | +0.0008% | 1h | 0.7246 | long leg | $251K | $1.3M | 50x | |
| Injective ASTER/USDC PERP | +0.0033% | 1h | 0.7390 | +1.983% | $9 | $133K | 5.5x | as long as short |
| Kraken Futures PF_ASTERUSDshort | +0.0056% | 1h | 0.7249 | +0.034% | $334K | $599K | 20x | |
| 01 Exchange ASTERUSD | +0.0072% | 1h | 0.7249 | +0.037% | $6K | $7K | 10x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0082% | 4h | 0.7249 | +0.037% | $13K | $1K | 10x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7252 | +0.073% | $880K | $427K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ASTER-PERP | +0.0100% | 1h | 0.7250 | +0.056% | $343K | $259K | 5x | as long as short |
| Pacifica ASTER | +0.0100% | 1h | 0.7257 | +0.149% | $255K | $111K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7232 | −0.195% | $91.4M | $127.1M | 75x | as long as short |
| Bybit ASTERUSDT | +0.0100% | 4h | 0.7232 | −0.197% | $49.1M | $26.0M | 75x | as long as short |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7231 | −0.211% | $12.3M | $21.6M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7243 | −0.046% | $6.3M | $4.3M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7230 | −0.225% | $34.0M | $21.3M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7241 | −0.073% | $11.0M | $3.1M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7228 | −0.253% | $17.7M | $8.2M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7231 | −0.211% | — | $10.0M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7242 | −0.055% | $210K | $463K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7273 | +0.370% | $2.1M | $432K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7287 | +0.560% | $451K | $4.0M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7295 | +0.672% | $111K | $726K | 50x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7260 | +0.189% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7246 | −0.004% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7245 | −0.018% | $242K | $164K | 20x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7232 | −0.200% | $364K | $652K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0119% | 4h | 0.7287 | +0.556% | $213K | $2.2M | 10x | as long as short |
| Hyperliquid ASTER | +0.0120% | 1h | 0.7245 | −0.015% | $24.9M | $7.5M | 5x | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0303% / S −0.0215% | 1h | 0.7246 | −0.002% | $27K | — | 100x | as long as short |
| BloFin ASTER-USDT | +0.0340% | 4h | 0.7250 | +0.051% | $3.6M | $2.0M | 75x | as long as short |
Coinbase International ASTER-PERP-INTX
Kraken Futures PF_ASTERUSD
Deribit ASTER_USDC-PERPETUAL
Aster ASTERUSDT
gTrade (Gains Network) ASTER/USD
Injective ASTER/USDC PERP
01 Exchange ASTERUSD
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
Bybit ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
ApeX Omni ASTERUSDT
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Extended ASTER-USD
edgeX ASTERUSDC
Hyperliquid ASTER
GMX ASTER/USD [WBTC.b-USDC]
BloFin ASTER-USDT