Funding you earn now, next payment 00:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h +0.122%
Price spread now: Kraken Futures against Aster+0.113%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 5 days (all we have)+0.227%+$23 on $10k
+Price spread, last 3 days (all we have)−0.218%−$22 · spread now +0.113%, 7d avg +0.020%
=Together, before fees+0.009%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.093% dearer against Aster than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.020%): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 5 days funding on this pair paid +0.227%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.227% in total (about 15.6% 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 | Aster FETUSDT | 0.2029 | 0.0100 | pay 0.0100% / 8h | 25m 09s | $337K | $543K | 10x |
| Short | Kraken Futures PF_FETUSD | 0.2032 | −0.0480 | pay 0.0060% / 1h | 25m 09s | $998K | $2.2M | 50x |
Aster FETUSDT
Kraken Futures PF_FETUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$121.8
- Price spread: +0.113% → +0.020%
- $9.35
- Slippage, 4 orders
- −$64.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$195.36
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from Aster: live order book, 52 min ago; Kraken Futures: live order book, 3 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 Aster live order book, 52 min ago | 9.93 bp | 27.6 bp −$28 | 353.9 bp −$3,539 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 6.13 bp | 21.4 bp −$21 | 70.2 bp −$702 | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.3186% | 1h | 0.2030 | +0.033% | $28K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2043 | +0.674% | $153K | $202K | 50x | as long as short |
| Kraken Futures PF_FETUSDshort | −0.0480% | 1h | 0.2032 | +0.113% | $998K | $2.2M | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2030 | +0.016% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.953% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0049% | 8h | 0.2029 | −0.016% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDTlong | +0.0100% | 8h | 0.2029 | long leg | $337K | $543K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2030 | +0.014% | $31.6M | $108.7M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2030 | +0.033% | $34.3M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2029 | −0.016% | $10.5M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2035 | +0.293% | $298K | $339K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2028 | −0.066% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2029 | −0.019% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2029 | −0.020% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2029 | −0.016% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0298% | 8h | 0.2029 | −0.016% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0300% | 4h | 0.2031 | +0.082% | $981K | $7.8M | 20x | as long as short |
| Bitget FETUSDT | +0.0309% | 8h | 0.2031 | +0.082% | $16.4M | $11.5M | 75x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2038 | +0.447% | $35K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0512% | 1h | 0.2031 | +0.087% | $9.0M | $8.0M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Phoenix FET
Hyperliquid FET