Funding arb · Price arb /

JASMY

all JASMY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1150%/8h= −126.0% APRpaid last 24h −0.059%

Price spread now: Aster against Kraken Futures−0.279%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Aster is 0.279% cheaper against Kraken Futures than usual: you would sell low and buy high (−$28 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	Kraken Futures PF_JASMYUSD	0.004469	0.1250	pay 0.0156% / 1h	3m 20s	$255K	$221K	20x
Short	Aster JASMYUSDT	0.004457	0.0100	get 0.0100% / 8h	7h 03m	$7K	$19K	5x

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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.279%Rate

Funding earned: −$241.57
Price spread: −0.279% → 0.000%: −$27.86
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$287.43
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 4 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 4 min ago	42.51 bp	75.6 bp −$76	177.6 bp −$1,776	39119.8 bp −$3.91M	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

JASMY on 14 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
Coinbase International JASMY-PERP-INTX	−0.0616%	1h	0.004428	−0.927%	$17K	$20K	25x	as long as short
KuCoin JASMYUSDTM	+0.0031%	8h	0.004457	−0.279%	$3.4M	$2.6M	50x	as long as short
Aster JASMYUSDTshort	+0.0100%	8h	0.004457	−0.279%	$7K	$19K	5x
Binance JASMYUSDT	+0.0100%	8h	0.004452	−0.394%	$3.5M	$5.4M	75x	as long as short
Bybit JASMYUSDT	+0.0100%	8h	0.004452	−0.391%	$3.9M	$2.2M	75x	as long as short
Gate JASMY_USDT	+0.0100%	8h	0.004453	−0.368%	$447K	$244K	75x	as long as short
MEXC JASMY_USDT	+0.0100%	8h	0.004450	−0.435%	$10.1M	$2.9M	200x	as long as short
Bitget JASMYUSDT	+0.0100%	8h	0.004449	−0.458%	$1.8M	$575K	50x	as long as short
BingX JASMY-USDT	+0.0100%	8h	0.004458	−0.256%	—	$7.8M	—	as long as short
Variational Omni JASMY	+0.0100%	8h	0.004461	−0.185%	$126K	$34K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended JASMY-USD	+0.0104%	1h	0.004451	−0.416%	$4K	$197K	10x	as long as short
BloFin JASMY-USDT	+0.0220%	8h	0.004465	−0.100%	$227K	$221K	75x	as long as short
Kraken Futures PF_JASMYUSDlong	+0.1250%	1h	0.004469	long leg	$255K	$221K	20x
Deribit JASMY_USDC-PERPETUAL	+0.1541%	1h	0.004476	+0.146%	—	—	10x	as long as short