Funding you earn now, next payment 23:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h +0.186%
Price spread now: Kraken Futures against Injective+0.331%7-day average +2.225% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.569%+$157 on $10k
+Price spread, last 3 days (all we have)+3.787%+$379 · spread now +0.331%, 7d avg +2.225%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 1.894% cheaper against Injective than usual: you would sell low and buy high (−$189 if the spread goes back to its 7-day average of +2.225%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.569%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective KAS/USDC PERP | 0.04361 | 0.0329 | pay 0.0041% / 1h | 8m 57s | $45 | $154K | 5.5x |
| Short | Kraken Futures PF_KASUSD | 0.04375 | 0.0089 | get 0.0011% / 1h | 8m 57s | $297K | $443K | 20x |
Injective KAS/USDC PERP
Kraken Futures PF_KASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$50.29
- Price spread: +0.331% → +2.225%
- −$189.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$249.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 9 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 9 min ago | 5.73 bp | 42.5 bp −$43 | 158.5 bp −$1,585 | doesn't fit | doesn't fit |
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.
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04372 | +0.256% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSDshort | +0.0089% | 1h | 0.04375 | +0.331% | $297K | $443K | 20x | |
| Aster KASUSDT | +0.0100% | 4h | 0.04372 | +0.255% | $256K | $201K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04377 | +0.367% | $4.0M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04372 | +0.252% | $10.8M | $7.1M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04372 | +0.252% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04375 | +0.321% | $28.0M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04377 | +0.362% | $4.3M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04372 | +0.252% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04373 | +0.275% | — | $69.5M | — | as long as short |
gTrade (Gains Network) KAS/USD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04369 | +0.193% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0185% / S −0.2497% | 1h | 0.04370 | +0.211% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERPlong | +0.0329% | 1h | 0.04361 | long leg | $45 | $154K | 5.5x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04381 | +0.459% | $380K | $210K | 75x | as long as short |
| Hyperliquid KAS | +0.0712% | 1h | 0.04388 | +0.610% | $2.9M | $965K | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS