Funding you earn now, next payment 06:00 UTC+0.0472%/8h= +51.6% APRnext payment +$0.59 per $10,000 · paid last 24h +0.121%
Price spread now: Kraken Futures against Arcus−0.155%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
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.155% cheaper against Arcus than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 26 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DYDX-USD | 0.1352 | 0.0562 | pay 0.0070% / 1h | 36m 44s | $52K | $20K | 5x |
| Short | Kraken Futures PF_DYDXUSD | 0.1350 | 0.1034 | get 0.0129% / 1h | 36m 44s | $310K | $360K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Arcus. 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
- $99.05
- Price spread: −0.155% → 0.000%
- −$15.5
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $69.05
- Costs to cover
- 0.145%
- Break-even
- 2.1 days
Slippage unknown: Arcus: no order-book sample; Kraken Futures: live order book, 11 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 11 min ago | 9.95 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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.
DYDX on 21 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 DYDX/USDC PERP | −0.0066% | 1h | 0.1345 | −0.518% | $6K | $49K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1350 | −0.178% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1352 | −0.022% | $2.1M | $718K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.191% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.209% | $5.2M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1348 | −0.325% | $4.5M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1350 | −0.126% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1349 | −0.251% | $379K | $470K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1349 | −0.222% | $2.9M | $788K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1350 | −0.148% | $2.3M | $3.7M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1350 | −0.148% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1350 | −0.148% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1350 | −0.174% | $4K | $113K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | −0.178% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0125% | 8h | 0.1342 | −0.740% | $296K | $15K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1350 | −0.179% | $915 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0491% | 1h | 0.1350 | −0.148% | — | — | 25x | as long as short |
| Arcus DYDX-USDlong | +0.0562% | 1h | 0.1352 | long leg | $52K | $20K | 5x | |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1364 | +0.888% | $17K | $36K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.1034% | 1h | 0.1350 | −0.155% | $310K | $360K | 20x | |
| dYdX DYDX-USD | +0.5193% | 1h | 0.1348 | −0.260% | $77K | $2K | 5x | as long as short |
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX