TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1404+0.0172pay 0.0021% / 1h58m 01s$85K$12K10xLong Kraken Futures
SHORT0.1401−0.0182pay 0.0023% / 1h58m 01s$205K$28K25xShort TxFlow5% off
Price gap−0.217%
Funding gap−0.0354% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.217% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$3−0.0354% /8h now · paid +0.033% over the last 7D
Price—spread −0.217% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.033% in total, about +0.0016%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.217%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IMX on 16 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Kraken Futures: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $400
    Kraken Futures 10x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$10.61Long Kraken Futures: 24 payments, −$5.16; short TxFlow: 24 payments, −$5.45.
  • Note: No 7-day spread history−0.217%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$85K vs $205K OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · TxFlow No
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0016%/8h × 21 periods+$3.31
Price spread−0.217% → 0−$21.72
Slippage, 4 ordersno data for Kraken Futures—
Fee Kraken Futures bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$37.41
Costs to cover0.190%Break-even86.1 days
Slippage: Kraken Futures: no order-book sample; TxFlow: live order book, 54 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures—————
SELL · SHORTTxFlow3.5911.5 bp−$1260.6 bp−$606doesn’t fitdoesn’t fit

Closing costs about the same again.
Kraken Futures: no data.

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