Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1318%/8h= +144.3% APRnext payment +$1.65 per $10,000 · paid last 24h +0.332%
Price spread now: Extended against Kraken Futures−0.071%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.449%+$145 on $10k
Price spread, last 4 days (all we have)+0.732%+$73 · spread now −0.071%, 7d avg −0.099%
Together, before fees+2.181%+ Points / potential airdropExtended: Active · farm board+$218 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Extended is 0.028% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ARUSD4.4432−0.1214get 0.0152% / 1h58m 59s$60K$159K20x
ShortExtended AR-USD4.44000.0104get 0.0013% / 1h58m 59s$37K$236K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$276.81
Price spread: −0.071% → −0.099%
$2.8
Slippage, 4 orders
−$134.06
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$130.54
Costs to cover
1.491%
Break-even
3.7 days
Slippage from Kraken Futures: live order book, 58 min ago; Extended: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 58 min ago32.13 bp45.8 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 58 min ago5.32 bp26.6 bp −$27211.9 bp −$2,119doesn't fitdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSDlong−0.1214%1h4.4432long leg$60K$159K20x
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.4481+0.110%$572K50xas long as short
OKX AR-USDT-SWAP+0.0075%8h4.4400−0.072%$2.3M$17.6M20xas long as short
Hyperliquid AR+0.0100%1h4.4522+0.202%$4.0M$4.3M5xas long as short
Aster ARUSDT+0.0100%8h4.4512+0.179%$26K$478K10xas long as short
Binance ARUSDT+0.0100%8h4.4410−0.050%$8.7M$49.9M75xas long as short
Bybit ARUSDT+0.0100%8h4.4400−0.072%$4.6M$8.1M75xas long as short
Gate AR_USDT+0.0100%8h4.4500+0.153%$2.5M$1.8M50xas long as short
MEXC AR_USDT+0.0100%8h4.4420−0.027%$6.3M$4.0M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.4400−0.072%$1.1M$1.2M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.4370−0.140%$3.9M$5.0M75xas long as short
BingX AR-USDT+0.0100%8h4.4420−0.027%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.4552+0.270%$236K$246Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.4560+0.288%$19K$717K50xas long as short
Extended AR-USDshort+0.0104%1h4.4400−0.071%$37K$236K10x
BloFin AR-USDT+0.0220%8h4.4500+0.153%$422K$466K20xas long as short
Injective AR/USDC PERP+0.0433%1h4.4770+0.760%$2K$5K5.5xas long as short