IO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0744%/8h= +81.4% APRnext payment +$0.93 per $10,000 · paid last 24h −4.175%

Price spread now: Extended against Kraken Futures−0.232%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.232% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.232% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 25 hours of funding at the current rate (+$22 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_IOUSD	0.1514	−0.0640	get 0.0080% / 1h	10m 03s	$39K	$21K	10x
Short	Extended IO-USD	0.1511	0.0104	get 0.0013% / 1h	10m 03s	$5K	$171K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now −0.232%Rate

Funding earned: $156.16
Price spread: −0.232% → 0.000%: −$23.24
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $117.92
Costs to cover: 0.150%
Break-even: 1.7 days

Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 6 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Extended live order book, 6 min ago	5.62 bp	70.2 bp −$70	doesn't fit	doesn't fit	doesn't fit

Kraken Futures: 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.

IO on 14 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
Kraken Futures PF_IOUSDlong	−0.0640%	1h	0.1514	long leg	$39K	$21K	10x
BloFin IO-USDT	+0.0042%	4h	0.1510	−0.267%	$194K	$31K	50x	as long as short
Hyperliquid IO	+0.0100%	1h	0.1511	−0.175%	$1.0M	$387K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1512	−0.153%	$6K	$32K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1512	−0.135%	$3.0M	$6.5M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1508	−0.400%	$1.1M	$874K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1510	−0.261%	$247K	$550K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1508	−0.400%	$1.1M	$232K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1509	−0.334%	$398K	$654K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1511	−0.201%	$1.3M	$1.2M	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX IO-USDT	+0.0100%	4h	0.1511	−0.201%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1508	−0.413%	$30K	$5K	—	as long as short
Extended IO-USDshort	+0.0104%	1h	0.1511	−0.232%	$5K	$171K	5x
Injective IO/USDC PERP	+0.0163%	1h	0.1514	−0.003%	$2K	$106	5.5x	as long as short