Funding you earn now, next payment 13:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.053%
Price spread now: Kraken Futures against SunX−0.049%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.049%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.438%, 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 | SunX MSTRX-USDT | 167.84 | 0 | get 0.0000% / 8h | 3h 25m | $1K | $2.0M | 10x |
| Short | Kraken Futures PF_MSTRXUSD | 167.76 | −0.0088 | pay 0.0011% / 1h | 25m 59s | $871K | $912K | 20x |
SunX MSTRX-USDT
Kraken Futures PF_MSTRXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- −$18.39
- Price spread: −0.049% → −0.039%
- −$1.04
- Slippage, 4 orders
- −$136.12
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$173.55
- Costs to cover
- 1.541%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Kraken Futures: live order book, 5 min ago.
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 SunX live order book, 4 min ago | 45.04 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.97 bp | 13.6 bp −$14 | 17.1 bp −$171 | doesn't fit | doesn't fit |
MSTRX on 3 exchanges
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_MSTRXUSDshort | −0.0088% | 1h | 167.76 | −0.049% | $871K | $912K | 20x | |
| SunX MSTRX-USDTlong | 0.0000% | 8h | 167.84 | long leg | $1K | $2.0M | 10x | |
| HTX MSTRX-USDT | 0.0000% | 8h | 167.76 | −0.048% | $129K | $979K | 50x | as long as short |
HTX MSTRX-USDT