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

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0497%/8h= −54.4% APRpaid last 24h +0.073%
Price spread now: Aster against Kraken Futures−0.074%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.427%+$143 on $10k
Price spread, last 3 days (all we have)+0.364%+$36 · spread now −0.074%, 7d avg +0.085%
Together, before fees+1.791%+ Points / potential airdropAster: Stage 5 · farm board+$179 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Aster is 0.159% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.085%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.427%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MUBARAKUSD0.043370.0813pay 0.0102% / 1h59m 33s$62K$410K10x
ShortAster MUBARAKUSDT0.043340.0315get 0.0158% / 4h1h 59m$21K$389K5x

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
−$104.41
Price spread: −0.074% → +0.085%
−$15.92
Slippage, 4 orders
−$159.05
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$297.37
Costs to cover
1.770%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 23 min ago; Aster: live order book, 23 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 Kraken Futures live order book, 23 min ago52.95 bp58.3 bp −$589825.9 bp −$98.3Kdoesn't fitdoesn't fit
Sell Aster live order book, 23 min ago7.99 bp28.1 bp −$28doesn'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
OKX MUBARAK-USDT-SWAP+0.0100%4h0.04334−0.072%$2.6M$51.8M20xas long as short
Bitget MUBARAKUSDT+0.0100%4h0.04336−0.024%$2.7M$7.0M25xas long as short
Variational Omni MUBARAK+0.0100%4h0.04351+0.321%$13K$51Kas long as short
Gate MUBARAK_USDT+0.0162%4h0.04342+0.115%$6.9M$5.3M50xas long as short
MEXC MUBARAK_USDT+0.0184%4h0.04330−0.162%$856K$1.5M50xas long as short
Binance MUBARAKUSDT+0.0185%4h0.04337+0.005%$15.7M$85.1M25xas long as short
BingX MUBARAK-USDT+0.0258%4h0.04336−0.024%$3.1Mas long as short
Bybit MUBARAKUSDT+0.0286%4h0.04340+0.057%$3.4M$10.5M25xas long as short
Aster MUBARAKUSDTshort+0.0315%4h0.04334−0.074%$21K$389K5x
Kraken Futures PF_MUBARAKUSDlong+0.0813%1h0.04337long leg$62K$410K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MUBARAKUSDTM+0.1570%4h0.04345+0.184%$1.5M$983K30xas long as short