Funding you earn now, next payment 06:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.158%
Price spread now: Deribit against Kraken Futures+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.037% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007605 | −0.0470 | get 0.0059% / 1h | 55m 11s | $44K | $8K | 10x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007608 | −0.0275 | pay 0.0034% / 1h | 55m 11s | — | $0 | 25x |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $40.81
- Price spread: +0.037% → 0.000%
- $3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $27.5
- Costs to cover
- 0.170%
- Break-even
- 2.3 days
Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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 no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Kraken Futures and Deribit: 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_ALTUSDlong | −0.0470% | 1h | 0.007605 | long leg | $44K | $8K | 10x | |
| Deribit ALT_USDC-PERPETUALshort | −0.0275% | 1h | 0.007608 | +0.037% | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.128% | $837 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007598 | −0.092% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007603 | −0.029% | $1.1M | $142K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007609 | +0.050% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007609 | +0.050% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007601 | −0.055% | $48K | $369K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007606 | +0.011% | $380K | $170K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007608 | +0.037% | $146K | $22K | 30x | as long as short |
Injective ALT/USDC PERP
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007606 | +0.011% | $614K | $128K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007604 | −0.016% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0112% | 4h | 0.007604 | −0.016% | $174K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.128% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX