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

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0739%/8h= −80.9% APRpaid last 24h −0.035%
Price spread now: Kraken Futures against Aster−0.249%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3273.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.441%−$144 on $10k
Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.249%, 7d avg −0.078%
Together, before fees−1.369%+ Points / potential airdropAster: Stage 5 · farm board−$137 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Kraken Futures is 0.171% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUBARAKUSDT0.044520.0287pay 0.0143% / 4h2h 41m$22K$398K5x
ShortKraken Futures PF_MUBARAKUSD0.04441−0.0452pay 0.0057% / 1h41m 24s$63K$425K10x

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

Profit calculator

Funding earned
−$155.19
Price spread: −0.249% → −0.078%
−$17.09
Slippage, 4 orders
−$308.59
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$498.87
Costs to cover
3.266%
Break-even
never at this rate
Slippage from Aster: live order book, 26 min ago; Kraken Futures: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 26 min ago7.95 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 26 min ago62.66 bp167.7 bp −$168doesn't fitdoesn't fitdoesn't fit

MUBARAK on 11 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_MUBARAKUSDshort−0.0452%1h0.04441−0.249%$63K$425K10x
OKX MUBARAK-USDT-SWAP+0.0100%4h0.04455+0.050%$2.7M$55.3M20xas long as short
Bitget MUBARAKUSDT+0.0100%4h0.04450−0.051%$2.8M$7.2M25xas long as short
Variational Omni MUBARAK+0.0100%4h0.04481+0.635%$14K$51Kas long as short
MEXC MUBARAK_USDT+0.0130%4h0.04452−0.006%$875K$1.5M50xas long as short
Bybit MUBARAKUSDT+0.0131%4h0.04451−0.035%$3.4M$10.9M25xas long as short
BingX MUBARAK-USDT+0.0132%4h0.04450−0.051%$3.1Mas long as short
Binance MUBARAKUSDT+0.0134%4h0.04451−0.029%$16.2M$89.0M25xas long as short
Aster MUBARAKUSDTlong+0.0287%4h0.04452long leg$22K$398K5x
KuCoin MUBARAKUSDTM+0.0616%4h0.04448−0.096%$1.6M$1.1M30xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MUBARAK_USDT+0.1054%4h0.04450−0.051%$7.0M$5.3M50xas long as short