Funding you earn now, next payment 07:00 UTC−0.0801%/8h= −87.7% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against SunX−0.173%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1781.777% of the position
Funding, last 7 days+0.968%+$97 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.173%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Kraken Futures is 0.073% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.100%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.968%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX COINX-USDT | 196.11 | 0 | get 0.0000% / 8h | 1h 06m | $1K | $2.2M | 10x |
| Short | Kraken Futures PF_COINXUSD | 195.77 | −0.0801 | pay 0.0100% / 1h | 6m 50s | $446K | $566K | 20x |
SunX COINX-USDT
Kraken Futures PF_COINXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- −$168.13
- Price spread: −0.173% → −0.100%
- −$7.3
- Slippage, 4 orders
- −$159.72
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$353.16
- Costs to cover
- 1.777%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Kraken Futures: live order book, 36 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 SunX live order book, 9 min ago | 45.14 bp | 63.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 11.28 bp | 25.2 bp −$25 | 91.2 bp −$912 | doesn't fit | doesn't fit |
COINX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COINXUSDshort | −0.0801% | 1h | 195.77 | −0.173% | $446K | $566K | 20x | |
| SunX COINX-USDTlong | 0.0000% | 8h | 196.11 | long leg | $1K | $2.2M | 10x | |
| HTX COINX-USDT | 0.0000% | 8h | 196.26 | +0.076% | $69K | $181K | 20x | as long as short |
HTX COINX-USDT