Spread before costs (cost unknown: a leg has no order-book sample)−0.943%
7d average—if it closes, per $10,000$94funding while held, a day−$201.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NOTUSD | 0.0005055 | 0.6811 | pay 0.0851% / 1h | 21m 12s | $48K | $9K | 10x |
| Short | Aster NOTUSDT | 0.0005007 | 0.0100 | get 0.0050% / 4h | 1h 21m | $14K | $23K | 5x |
Kraken Futures PF_NOTUSD
Aster NOTUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$94.29
- Funding while held
- −$201.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$313.62
- Spread needed to break even
- 0.180%
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.6711%
- Per $10,000 a day
- −$201.33
- Average in range /8h
- —
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 no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
NOT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004874cheapestGate0.0005001+2.606%Variational Omni0.0005002+2.621%Bybit0.0005003+2.647%KuCoin0.0005007+2.729%
Injective
Gate
Variational Omni
Bybit
KuCoinAster0.0005007+2.733%
Hyperliquid0.0005010+2.790%Extended0.0005010+2.799%BloFin0.0005011+2.811%OKX0.0005012+2.831%MEXC0.0005012+2.831%Bitget0.0005012+2.831%BingX0.0005012+2.831%Binance0.0005013+2.846%Lighter0.0005021+3.014%
Hyperliquid
Extended
BloFin
OKX
MEXC
Bitget
BingX
Binance
LighterKraken Futures0.0005055+3.711%
NOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −3.578% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Gate NOT_USDT | −1.066% | +0.0100% | 4h | $140K | $86K | 50x | as long as short |
| Variational Omni NOT | −1.051% | −0.0132% | 4h | $61K | $48K | — | as long as short |
| Bybit NOTUSDT | −1.026% | +0.0100% | 4h | $2.1M | $975K | 25x | as long as short |
| KuCoin NOTUSDTM | −0.947% | +0.0100% | 4h | $486K | $132K | 50x | as long as short |
| Aster NOTUSDTshort | −0.943% | +0.0100% | 4h | $14K | $23K | 5x | |
| Hyperliquid NOT | −0.887% | +0.0100% | 1h | $367K | $67K | 3x | as long as short |
| Extended kNOT-USD | −0.880% | +0.0104% | 1h | $4K | $1K | 5x | as long as short |
| BloFin NOT-USDT | −0.868% | +0.0043% | 4h | $114K | $19K | 50x | as long as short |
| OKX NOT-USDT-SWAP | −0.848% | +0.0100% | 4h | $595K | $653K | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | −0.848% | +0.0100% | 4h | $1.4M | $477K | 200x | as long as short |
| Bitget NOTUSDT | −0.848% | +0.0100% | 4h | $638K | $421K | 50x | as long as short |
| BingX NOT-USDC | −0.848% | +0.0100% | 4h | — | $713K | — | as long as short |
| Binance NOTUSDT | −0.834% | +0.0100% | 4h | $2.0M | $3.2M | 50x | as long as short |
| Lighter 1000NOT | −0.672% | +0.0096% | 1h | $11K | $5K | 3x | as long as short |
| Kraken Futures PF_NOTUSDlong | 0.000% | +0.6811% | 1h | $48K | $9K | 10x |