Funding you earn now, next payment 03:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.162%
Price spread now: Injective against Kraken Futures+1.239%7-day average −2.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.626%−$163 on $10k
+Price spread, last 4 days (all we have)−4.551%−$455 · spread now +1.239%, 7d avg −2.112%
=The price spread pays, funding is against you. Injective is 3.351% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.239% now, against its 7-day average of −2.112%): +$335 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−1.626% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KASUSD | 0.04308 | 0.0116 | pay 0.0014% / 1h | 13m 14s | $308K | $501K | 20x |
| Short | Injective KAS/USDC PERP | 0.04361 | 0.0033 | get 0.0004% / 1h | 13m 14s | $45 | $154K | 5.5x |
Kraken Futures PF_KASUSD
Injective KAS/USDC PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.3
- Price spread: +1.239% → −2.112%
- $335.12
- 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
- $307.81
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 50 min ago; 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 live order book, 50 min ago | 8.05 bp | 37.3 bp −$37 | 314.1 bp −$3,141 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 −0.0001% | 1h | 0.04302 | −0.121% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERPshort | +0.0033% | 1h | 0.04361 | +1.239% | $45 | $154K | 5.5x | |
| Binance KASUSDT | +0.0100% | 4h | 0.04296 | −0.262% | $4.1M | $12.5M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04288 | −0.456% | $10.6M | $7.6M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04306 | −0.038% | $2.1M | $1.8M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04301 | −0.154% | $28.7M | $4.7M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04296 | −0.260% | $4.2M | $7.2M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04289 | −0.432% | $11.8M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04305 | −0.061% | — | $67.8M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04339 | +0.732% | $26K | $20K | — | as long as short |
gTrade (Gains Network) KAS/USD
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KASShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KASUSDT | +0.0110% | 4h | 0.04315 | +0.168% | $253K | $166K | 20x | as long as short |
| Kraken Futures PF_KASUSDlong | +0.0116% | 1h | 0.04308 | long leg | $308K | $501K | 20x | |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0290% / S −0.5848% | 1h | 0.04302 | −0.130% | $11K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04305 | −0.061% | $197K | $279K | 75x | as long as short |
| Hyperliquid KAS | +0.0528% | 1h | 0.04321 | +0.311% | $2.8M | $1.1M | 3x | as long as short |
Aster KASUSDT
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS