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

BB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0846%/8h= +92.6% APRpaid last 24h +0.222%
Price spread now: Aster against Kraken Futures+0.178%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Aster is 0.178% dearer against Kraken Futures than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BBUSD0.008911−0.0746get 0.0093% / 1h33m 01s$21K$3K10x
ShortAster BBUSDT0.0089260.0100get 0.0050% / 4h1h 33m$13K$12K5x

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

Profit calculator

Funding earned
$177.6
Price spread: +0.178% → 0.000%
$17.82
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$177.42
Costs to cover
0.180%
Break-even
0.0 days
Slippage unknown: Kraken Futures: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and 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.

BB on 9 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
Kraken Futures PF_BBUSDlong−0.0746%1h0.008911long leg$21K$3K10x
Aster BBUSDTshort+0.0100%4h0.008926+0.178%$13K$12K5x
Binance BBUSDT+0.0100%4h0.008926+0.178%$3.2M$7.0M50xas long as short
Bybit BBUSDT+0.0100%4h0.008938+0.309%$673K$816K25xas long as short
Gate BB_USDT+0.0100%4h0.008920+0.106%$131K$228K50xas long as short
MEXC BB_USDT+0.0100%4h0.008930+0.219%$1.3M$579K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.008940+0.331%$436K$98K50xas long as short
Bitget BBUSDT+0.0100%4h0.008930+0.219%$326K$507K50xas long as short
BingX BB-USDT+0.0360%4h0.008938+0.309%$1.3Mas long as short