Funding you earn now, next payment 08:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.059%
Price spread now: Kraken Futures against Injective−2.158%63s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 2.158% cheaper against Injective than usual: you would sell low and buy high (−$216 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Injective ALT/USDC PERP | 0.007691 | 0.0033 | pay 0.0004% / 1h | 41m 57s | $837 | $22 | 5.5x |
| Short | Kraken Futures PF_ALTUSD | 0.007525 | −0.0141 | pay 0.0018% / 1h | 41m 57s | $44K | $8K | 10x |
Injective ALT/USDC PERP
Kraken Futures PF_ALTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$36.61
- Price spread: −2.158% → 0.000%
- −$215.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$262.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Injective 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.
ALT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSDshort | −0.0141% | 1h | 0.007525 | −2.158% | $44K | $8K | 10x | |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007691 | long leg | $837 | $22 | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007521 | −2.210% | $1.1M | $136K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007526 | −2.145% | $2.6M | $3.4M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007514 | −2.301% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007517 | −2.262% | $49K | $381K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007526 | −2.145% | $378K | $167K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007522 | −2.197% | $144K | $19K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007521 | −2.210% | $608K | $136K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007519 | −2.236% | — | $1.3M | — | as long as short |
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007514 | −2.301% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0129% | 4h | 0.007524 | −2.171% | $168K | $8K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0415% | 1h | 0.007528 | −2.119% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0480% | 1h | 0.007542 | −1.937% | $13K | $2K | 50x | as long as short |
Variational Omni ALT
BloFin ALT-USDT
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX