Funding you earn now, next payment 08:00 UTC−0.1389%/8h= −152.0% APRpaid last 24h −0.311%
Price spread now: Kraken Futures against Aster−0.247%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$42 a day on $10k at the current rate, and Kraken Futures is 0.247% cheaper against Aster than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GMTUSDT | 0.008457 | 0.0100 | pay 0.0050% / 4h | 20m 25s | $7K | $24K | 10x |
| Short | Kraken Futures PF_GMTUSD | 0.008436 | −0.1289 | pay 0.0161% / 1h | 20m 25s | $43K | $13K | 20x |
Aster GMTUSDT
Kraken Futures PF_GMTUSDFunding 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
- −$291.59
- Price spread: −0.247% → 0.000%
- −$24.69
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$334.28
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and Kraken Futures: 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.
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDshort | −0.1289% | 1h | 0.008436 | −0.247% | $43K | $13K | 20x | |
| Variational Omni GMT | −0.0192% | 8h | 0.008430 | −0.318% | $4K | $6K | — | as long as short |
| Bybit GMTUSDT | −0.0148% | 8h | 0.008454 | −0.035% | $1.1M | $2.1M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0110% | 4h | 0.008450 | −0.082% | $236K | $201K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0051% | 4h | 0.008449 | −0.094% | $389K | $1.2M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008455 | −0.023% | $112K | $142K | 3x | as long as short |
| Aster GMTUSDTlong | +0.0100% | 4h | 0.008457 | long leg | $7K | $24K | 10x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008458 | +0.012% | $2.8M | $5.5M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008460 | +0.036% | $138K | $184K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008456 | −0.011% | $445K | $218K | 20x | as long as short |
Variational Omni GMT
Bybit GMTUSDT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008462 | +0.060% | $697K | $641K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008455 | −0.023% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT