Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.3878 | −0.0632 | get 0.0079% / 1h | 16m 01s | $5.5M | $28.1M | 50x | Long Kraken Futures | |
| SHORT | 5.3898 | 0 | 0.0000% / 43m | 12m 01s | $750 | $130K | 3x | Short Perpl |
Price gap+0.037%
Funding gap+0.0632% /8h
Both sides work: funding pays +$19 a day on $10k, and the gap is 0.076% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0632% /8h now · paid +0.016% over the last 7 hours (all we have)
Price+$8spread +0.037% now, avg −0.039% → +0.076% if it goes back
Costsno datano order book for Perpl
Result, before costs+$9+0.09%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 hours it paid +0.016% in total, about +0.0191%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.037%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 46 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$200 + $3,333Kraken Futures 50x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$18.96Long Kraken Futures: 24 payments, +$18.96; short Perpl: 34 payments, $0.00.
- OK: Entry gap works for you+0.037% vs −0.039%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$750 vs $5.5M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Perpl NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0191%/8h × 21 periods+$40.19
Price spread+0.037% → −0.039% (7d avg)+$7.59
Slippage, 4 ordersno data for Perpl—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k+$30.88
Costs to cover0.169%Break-even1.6 days
Slippage: Kraken Futures: live order book, 5 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures3.9011.0 bp−$1111.8 bp−$11839.4 bp−$3,9448799.2 bp−$4.40M
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
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| 09-30 17:06 | Perpl | Listing | new market NEAR ($NEAR) seen by our collector |
| 09-30 16:28 | Perpl | Listing | You can now trade $NEAR with up to 3x leverage @perpltrade on X ↗ |
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |

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