Funding you earn now, next payment 02:00 UTC−0.1715%/8h= −187.8% APRnext payment −$2.14 per $10,000 · paid last 24h −0.378%
Price spread now: Kraken Futures against Extended+0.266%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
Funding, last 7 days−1.483%−$148 on $10k
+Price spread, last 3 days (all we have)−0.416%−$42 · spread now +0.266%, 7d avg +0.101%
=Together, before fees−1.899%+ Points / potential airdropExtended: Active · farm board−$190 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.166% dearer against Extended than usual: you sell high and buy low (spread +0.266% now, against its 7-day average of +0.101%): +$17 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−1.483% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AR-USD | 4.4978 | 0.0016 | pay 0.0002% / 1h | 49m 22s | $37K | $243K | 10x |
| Short | Kraken Futures PF_ARUSD | 4.5097 | −0.1699 | pay 0.0212% / 1h | 49m 22s | $55K | $149K | 20x |
Extended AR-USD
Kraken Futures PF_ARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$360.11
- Price spread: +0.266% → +0.101%
- $16.58
- Slippage, 4 orders
- −$145.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$503.9
- Costs to cover
- 1.604%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Kraken Futures: live order book, 18 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 Extended live order book, 18 min ago | 6.96 bp | 29.1 bp −$29 | 177.9 bp −$1,779 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 42.15 bp | 54.4 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
AR on 17 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_ARUSDshort | −0.1699% | 1h | 4.5097 | +0.266% | $55K | $149K | 20x | |
| Injective AR/USDC PERP | −0.0353% | 1h | 4.6110 | +2.518% | $2K | $2K | 5.5x | as long as short |
| OKX AR-USDT-SWAP | −0.0143% | 8h | 4.5010 | +0.072% | $2.3M | $19.4M | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.4995 | +0.039% | $578K | — | 50x | as long as short |
| MEXC AR_USDT | +0.0012% | 8h | 4.5000 | +0.050% | $6.4M | $4.3M | 100x | as long as short |
| Binance ARUSDT | +0.0013% | 8h | 4.5010 | +0.072% | $8.9M | $53.3M | 75x | as long as short |
| Extended AR-USDlong | +0.0016% | 1h | 4.4978 | long leg | $37K | $243K | 10x | |
| BloFin AR-USDT | +0.0042% | 8h | 4.4850 | −0.283% | $431K | $525K | 20x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5056 | +0.175% | $4.1M | $4.7M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4965 | −0.028% | $26K | $500K | 10x | as long as short |
Injective AR/USDC PERP
OKX AR-USDT-SWAP
GMX AR/USD [WBTC.b-USDC]
MEXC AR_USDT
Binance ARUSDT
BloFin AR-USDT
Hyperliquid AR
Aster ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARUSDT | +0.0100% | 8h | 4.4993 | +0.034% | $4.5M | $8.4M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4980 | +0.006% | $2.5M | $2.1M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5000 | +0.050% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4960 | −0.039% | $3.9M | $5.5M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5000 | +0.050% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4868 | −0.243% | $140K | $165K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4890 | −0.195% | $22K | $741K | 50x | as long as short |
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT