Funding you earn now, next payment 07:00 UTC−0.0823%/8h= −90.1% APRpaid last 24h −0.053%
Price spread now: SunX against Kraken Futures+0.143%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
Funding, last 7 days−1.110%−$111 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.143%, 7d avg +0.124%
=The price spread sits at its 7-day average of +0.124%, so right now this pair is about funding alone: −$25 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AMZNXUSD | 259.39 | 0.0823 | pay 0.0103% / 1h | 48m 55s | $491K | $166K | 20x |
| Short | SunX AMZNX-USDT | 259.76 | 0 | get 0.0000% / 8h | 1h 48m | $1K | $1.7M | 10x |
Kraken Futures PF_AMZNXUSD
SunX AMZNX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$172.73
- Price spread: +0.143% → +0.124%
- $1.87
- Slippage, 4 orders
- −$120.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$309.15
- Costs to cover
- 1.383%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 59 min ago; SunX: live order book, 6 min ago.
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 live order book, 59 min ago | 6.94 bp | 18.7 bp −$19 | 3438.0 bp −$34.4K | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 44.83 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
AMZNX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX AMZNX-USDTshort | 0.0000% | 8h | 259.76 | +0.143% | $1K | $1.7M | 10x | |
| HTX AMZNX-USDT | 0.0000% | 8h | 259.76 | +0.143% | $12K | $6K | 20x | as long as short |
| Kraken Futures PF_AMZNXUSDlong | +0.0823% | 1h | 259.39 | long leg | $491K | $166K | 20x |
HTX AMZNX-USDT