Funding you earn now, next payment 00:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h +0.137%
Price spread now: Kraken Futures against HTX−0.079%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days+0.838%+$84 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.079%, 7d avg −0.096%
=The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.838%, 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 | HTX CRCLX-USDT | 94.690 | 0 | get 0.0000% / 8h | 23m 35s | $201K | $264K | 50x |
| Short | Kraken Futures PF_CRCLXUSD | 94.615 | −0.0221 | pay 0.0028% / 1h | 23m 35s | $1.4M | $2.6M | 20x |
HTX CRCLX-USDT
Kraken Futures PF_CRCLXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against HTX. 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
- −$46.38
- Price spread: −0.079% → −0.096%
- $1.7
- Slippage, 4 orders
- −$27.45
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$94.13
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from HTX: live order book, 53 min ago; Kraken Futures: live order book, 5 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 HTX live order book, 53 min ago | 3.71 bp | 9.7 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.75 bp | 14.9 bp −$15 | 17.9 bp −$179 | doesn't fit | doesn't fit |
CRCLX 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_CRCLXUSDshort | −0.0221% | 1h | 94.615 | −0.079% | $1.4M | $2.6M | 20x | |
| SunX CRCLX-USDT | 0.0000% | 8h | 94.770 | +0.084% | $846 | $3.3M | 10x | as long as short |
| HTX CRCLX-USDTlong | 0.0000% | 8h | 94.690 | long leg | $201K | $264K | 50x |
SunX CRCLX-USDT