Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: Kraken Futures against Extended+0.151%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.151%, 7d avg +0.072%
=Together, before fees−0.220%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.079% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 0.9889 | 0.0104 | pay 0.0013% / 1h | 52m 36s | $697K | $4.2M | 10x |
| Short | Kraken Futures PF_FILUSD | 0.9904 | 0.0098 | get 0.0012% / 1h | 52m 36s | $1.4M | $2.1M | 50x |
Extended FIL-USD
Kraken Futures PF_FILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$1.31
- Price spread: +0.151% → +0.072%
- $7.92
- Slippage, 4 orders
- −$31.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$40.36
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Extended live order book, 1 min ago | 1.77 bp | 7.6 bp −$8 | 88.9 bp −$889 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.05 bp | 16.3 bp −$16 | 35.0 bp −$350 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0456% | 1h | 0.9902 | +0.128% | $170K | $23K | 25x | as long as short |
| Bybit FILUSDT | −0.0159% | 8h | 0.9889 | −0.003% | $15.3M | $20.3M | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9900 | +0.108% | $354K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9901 | +0.118% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9892 | +0.025% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.347% | $2K | $240K | 12x | as long as short |
| Gate FIL_USDT | +0.0080% | 8h | 0.9890 | +0.007% | $8.3M | $16.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0081% | 8h | 0.9888 | −0.013% | $7.1M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9883 | −0.061% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0098% | 1h | 0.9904 | +0.151% | $1.4M | $2.1M | 50x |
Deribit FIL_USDC-PERPETUAL
Bybit FILUSDT
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Gate FIL_USDT
KuCoin FILUSDTM
Lighter FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid FIL | +0.0100% | 1h | 0.9891 | +0.021% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9890 | +0.007% | $504K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9890 | +0.007% | $56.0M | $183.6M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9894 | +0.047% | $17.6M | $107.1M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9889 | −0.003% | $229K | $98K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9894 | +0.047% | $11.2M | $19.6M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9895 | +0.058% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9902 | +0.127% | $441K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9881 | −0.081% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9886 | −0.038% | $293K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.007% | $27K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9910 | +0.214% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | +0.007% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9896 | +0.068% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9912 | +0.229% | $617K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | +0.108% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USDlong | +0.0104% | 1h | 0.9889 | long leg | $697K | $4.2M | 10x | |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9903 | +0.138% | $2.7M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0280% | 1h | 0.9901 | +0.115% | $265K | — | 100x | as long as short |
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]