ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.007%

Price spread now: Kraken Futures against Extended+0.068%7-day average +0.163% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.595%+$59 · spread now +0.068%, 7d avg +0.163%

Together, before fees+0.543%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.095% cheaper against Extended than usual: you would sell low and buy high (spread +0.068% now, against its 7-day average of +0.163%). If the spread goes back, that is −$9 on $10k: about 2.2 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ARB-USD	0.2210	0.0088	pay 0.0011% / 1h	35m 11s	$354K	$2.8M	25x
Short	Kraken Futures PF_ARBUSD	0.2211	0.0230	get 0.0029% / 1h	35m 11s	$1.1M	$4.5M	50x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.068%Rate

Funding earned: $29.91
Price spread: +0.068% → +0.163%: −$9.46
Slippage, 4 orders: −$39.29
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$33.84
Costs to cover: 0.543%
Break-even: 14.9 days

Slippage from Extended: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago	9.05 bp	11.6 bp −$12	71.3 bp −$713	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	9.05 bp	15.9 bp −$16	23.3 bp −$233	497.9 bp −$49.8K	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1592%	1h	0.2200	−0.448%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0222%	1h	0.2210	+0.004%	$67K	$2.1M	10x	as long as short
SoDEX ARB-USD	−0.0122%	1h	0.2210	+0.009%	$9K	$2.2M	5x	as long as short
01 Exchange ARBUSD	−0.0088%	1h	0.2210	−0.014%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0082%	8h	0.2204	−0.254%	$22.2M	$146.1M	50x	as long as short
MEXC ARB_USDT	−0.0082%	8h	0.2202	−0.349%	$42.0M	$61.7M	200x	as long as short
Variational Omni ARB	−0.0062%	8h	0.2209	−0.029%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2210	+0.004%	$13K	$407K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0021%	1h	0.2211	+0.068%	$28K	$38K	25x	as long as short
Bybit ARBUSDT	−0.0018%	8h	0.2203	−0.299%	$54.2M	$126.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2211	+0.039%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2211	+0.057%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0048%	8h	0.2206	−0.177%	$5.4M	$18.3M	60x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2211	+0.044%	$462K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0058%	8h	0.2205	−0.222%	$21.2M	$34.9M	50x	as long as short
Binance ARBUSDT	+0.0085%	8h	0.2205	−0.223%	$63.0M	$301.8M	75x	as long as short
Extended ARB-USDlong	+0.0088%	1h	0.2210	long leg	$354K	$2.8M	25x
BingX ARB-USDT	+0.0092%	8h	0.2206	−0.159%	—	$53.0M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2210	−0.018%	$1.2M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2208	−0.068%	$37.2M	$49.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2208	−0.068%	$634K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2210	+0.021%	$43K	$149K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2206	−0.190%	$19.6M	$14.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2212	+0.074%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2213	+0.122%	$481K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2211	+0.050%	$119K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2211	+0.050%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2210	+0.009%	$295K	$872K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2209	−0.041%	$5.0M	$12.8M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2211	+0.061%	$140K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0205%	8h	0.2204	−0.263%	$3.0M	$2.3M	75x	as long as short
Kraken Futures PF_ARBUSDshort	+0.0230%	1h	0.2211	+0.068%	$1.1M	$4.5M	50x
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2206	−0.160%	$834K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2221	+0.493%	$520K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2210	−0.017%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0636%	1h	0.2210	−0.009%	$990K	$2.8M	20x	as long as short