IO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0803%/8h= +88.0% APRnext payment +$1.00 per $10,000 · paid last 24h −5.095%

Price spread now: Injective against Kraken Futures+0.081%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Injective

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—needs both histories

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Injective is 0.081% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_IOUSD	0.1513	−0.0640	get 0.0080% / 1h	10m 26s	$39K	$21K	10x
Short	Injective IO/USDC PERP	0.1514	0.0163	get 0.0020% / 1h	10m 26s	$2K	$106	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.081%Rate

Funding earned: $168.71
Price spread: +0.081% → 0.000%: $8.1
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $166.78
Costs to cover: 0.100%
Break-even: 0.1 days

Slippage unknown: Kraken Futures: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample	—	—	—	—	—

Kraken Futures and Injective: 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	0.1513	long leg	$39K	$21K	10x
BloFin IO-USDT	+0.0042%	4h	0.1510	−0.183%	$194K	$31K	50x	as long as short
Hyperliquid IO	+0.0100%	1h	0.1510	−0.150%	$1.0M	$387K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1512	−0.028%	$6K	$32K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1511	−0.127%	$3.0M	$6.5M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1508	−0.316%	$1.1M	$874K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1510	−0.157%	$247K	$550K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1509	−0.250%	$1.1M	$232K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1510	−0.183%	$399K	$654K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1511	−0.117%	$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	0.1510	−0.183%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1509	−0.262%	$30K	$5K	—	as long as short
Extended IO-USD	+0.0104%	1h	0.1511	−0.135%	$5K	$171K	5x	as long as short
Injective IO/USDC PERPshort	+0.0163%	1h	0.1514	+0.081%	$2K	$106	5.5x