Funding you earn now, next payment 22:00 UTC−0.0622%/8h= −68.1% APRnext payment −$0.78 per $10,000 · paid last 24h +0.010%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.120%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.120% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FIL/USD | 0.9802 | L −0.0004% / S +0.0006% | get 0.0001% / 1h | 3m 27s | $24K | — | 150x |
| Short | Kraken Futures PF_FILUSD | 0.9790 | −0.0626 | pay 0.0078% / 1h | 3m 27s | $1.4M | $2.2M | 50x |
gTrade (Gains Network) FIL/USD
Kraken Futures PF_FILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$130.52
- Price spread: −0.120% → 0.000%
- −$12.05
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$162.56
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 2.55 bp | 15.9 bp −$16 | 35.6 bp −$356 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.
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 | −0.1688% | 1h | 0.9783 | −0.193% | $168K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSDshort | −0.0626% | 1h | 0.9790 | −0.120% | $1.4M | $2.2M | 50x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.552% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0312% | 1h | 0.9785 | −0.173% | $156K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0029% | 8h | 0.9795 | −0.071% | $10.8M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0029% | 8h | 0.9797 | −0.050% | $15.4M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USDlong | L −0.0004% / S +0.0006% | 1h | 0.9802 | long leg | $24K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9797 | −0.049% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0019% | 8h | 0.9798 | −0.040% | $18.0M | $95.6M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0023% | 8h | 0.9793 | −0.091% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Lighter FIL
Bitget FILUSDT
Bybit FILUSDT
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.491% | $2K | $182K | 12x | as long as short |
| Variational Omni FIL | +0.0049% | 8h | 0.9790 | −0.121% | $435K | $276K | — | as long as short |
| MEXC FIL_USDC | +0.0080% | 8h | 0.9791 | −0.111% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0086% | 8h | 0.9797 | −0.050% | $56.3M | $174.7M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9792 | −0.097% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDT | +0.0088% | 8h | 0.9796 | −0.060% | — | $11.9M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9797 | −0.055% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9795 | −0.070% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9795 | −0.071% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9778 | −0.241% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9772 | −0.302% | $286K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9780 | −0.224% | $29K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9808 | +0.066% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9770 | −0.326% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9787 | −0.152% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9784 | −0.183% | $619K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.122% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0208% | 8h | 0.9781 | −0.213% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0742% | 1h | 0.9803 | +0.007% | $212K | — | 100x | as long as short |
Injective FIL/USDC PERP
Variational Omni FIL
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
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]