Funding you earn now, next payment 22:00 UTC−0.0725%/8h= −79.4% APRnext payment −$0.91 per $10,000 · paid last 24h −0.022%
Price spread now: Kraken Futures against SoDEX+0.086%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.086% dearer against SoDEX than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX FIL-USD | 0.9785 | 0.0100 | pay 0.0013% / 1h | 0m 44s | $476 | $11K | 5x |
| Short | Kraken Futures PF_FILUSD | 0.9793 | −0.0625 | pay 0.0078% / 1h | 0m 44s | $1.4M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- −$152.35
- Price spread: +0.086% → 0.000%
- $8.56
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$161.79
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 3 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 4.08 bp | 19.0 bp −$19 | 36.5 bp −$365 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.1788% | 1h | 0.9792 | +0.072% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSDshort | −0.0625% | 1h | 0.9793 | +0.086% | $1.4M | $2.2M | 50x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.726% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0304% | 1h | 0.9785 | 0.000% | $156K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0028% | 8h | 0.9786 | +0.010% | $10.8M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0026% | 8h | 0.9789 | +0.041% | $15.4M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9794 | +0.092% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9792 | +0.076% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9786 | +0.010% | $18.0M | $95.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0022% | 8h | 0.9788 | +0.031% | $7.3M | $7.0M | 50x | as long as short |
Show 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 | +0.664% | $2K | $182K | 12x | as long as short |
| Variational Omni FIL | +0.0049% | 8h | 0.9790 | +0.052% | $435K | $276K | — | as long as short |
| MEXC FIL_USDC | +0.0080% | 8h | 0.9783 | −0.020% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0086% | 8h | 0.9789 | +0.041% | $56.2M | $174.7M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9788 | +0.029% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0089% | 8h | 0.9788 | +0.031% | — | $6.5M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9788 | +0.036% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9790 | +0.051% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9794 | +0.092% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9793 | +0.079% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9772 | −0.129% | $286K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9780 | −0.051% | $29K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9800 | +0.151% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | +0.051% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USDlong | +0.0100% | 1h | 0.9785 | long leg | $476 | $11K | 5x | |
| HTX FIL-USDT | +0.0100% | 8h | 0.9795 | +0.102% | $620K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | +0.051% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0206% | 8h | 0.9786 | +0.010% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0742% | 1h | 0.9795 | +0.104% | $212K | — | 100x | as long as short |
SoDEX FIL-USD
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Lighter FIL
Bitget FILUSDT
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Variational Omni FIL
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]