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

ATH

all ATH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.2150%/8h= +235.5% APRnext payment +$2.69 per $10,000 · paid last 24h −1.104%
Price spread now: dYdX against Kraken Futures+0.275%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and dYdX is 0.275% dearer against Kraken Futures than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ATHUSD0.005474−0.2150get 0.0269% / 1h1m 47s$19K$106K10x
ShortdYdX ATH-USD0.0054890get 0.0000% / 1h1m 47s$11K$585x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$451.58
Price spread: +0.275% → 0.000%
$27.45
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$459.03
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 50 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 50 min ago19.01 bp813.2 bp −$813doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.

ATH on 13 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_ATHUSDlong−0.2150%1h0.005474long leg$19K$106K10x
Variational Omni ATH−0.0094%4h0.005484+0.184%$184K$93Kas long as short
dYdX ATH-USDshort0.0000%1h0.005489+0.275%$11K$585x
Aster ATHUSDT+0.0100%4h0.005485+0.203%$4K$40K5xas long as short
Binance ATHUSDT+0.0100%4h0.005485+0.200%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005475+0.019%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005478+0.073%$706K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005469−0.091%$783K$602K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005486+0.220%$8.9M$647K50xas long as short
KuCoin ATHUSDTM+0.0100%4h0.005484+0.183%$552K$78K30xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.0054740.000%$1.5M$906K25xas long as short
BingX ATH-USDT+0.0100%4h0.005473−0.018%$21.4Mas long as short
BloFin ATH-USDT+0.0107%4h0.005484+0.183%$164K$68K75xas long as short