Funding you earn now, next payment 23:00 UTC−0.1031%/8h= −112.9% APRnext payment −$1.29 per $10,000 · paid last 24h −2.893%
Price spread now: Extended against Kraken Futures−1.070%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Extended is 1.070% cheaper against Kraken Futures than usual: you would sell low and buy high (−$107 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.02013 | 0.1135 | pay 0.0142% / 1h | 12m 10s | $8K | $7K | 10x |
| Short | Extended DEEP-USD | 0.01991 | 0.0104 | get 0.0013% / 1h | 12m 10s | $5K | $221K | 5x |
Kraken Futures PF_DEEPUSD
Extended DEEP-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$216.47
- Price spread: −1.070% → 0.000%
- −$107.01
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$338.48
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 5 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 5 min ago | 6.30 bp | 54.1 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.1959% | 1h | 0.01986 | −1.323% | $81K | $17K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01992 | −1.025% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01982 | −1.522% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01987 | −1.273% | $305K | $98K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01991 | −1.075% | $1.1M | $547K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01991 | −1.075% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01994 | −0.926% | $849K | $596K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01977 | −1.782% | $13K | $9K | — | as long as short |
| Extended DEEP-USDshort | +0.0104% | 1h | 0.01991 | −1.070% | $5K | $221K | 5x | |
| BloFin DEEP-USDT | +0.0105% | 8h | 0.01983 | −1.472% | $140K | $34K | 50x | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
BloFin DEEP-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDT | +0.0200% | 4h | 0.01990 | −1.124% | — | $6.7M | — | as long as short |
| Kraken Futures PF_DEEPUSDlong | +0.1135% | 1h | 0.02013 | long leg | $8K | $7K | 10x |
BingX DEEP-USDT