Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.3741 | 0 | 0.0000% / 43m | 16m 44s | $651 | $132K | 3x | Long Perpl | |
| SHORT | 5.3682 | −0.0468 | pay 0.0059% / 1h | 37m 44s | $5.5M | $28.2M | 50x | Short Kraken Futures |
Price gap−0.109%
Funding gap−0.0468% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.136% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0468% /8h now · paid −0.024% over the last 7 hours (all we have)
Price−$14spread −0.109% now, avg +0.026% → −0.136% if it goes back
Costsno datano order book for Perpl
Result, before costs−$16−0.16%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
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−0.109%
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
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $200Perpl 3x, Kraken Futures 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ43m / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$14.04Long Perpl: 34 payments, $0.00; short Kraken Futures: 24 payments, −$14.04.
- Watch: Gap narrower than usual−0.109% vs +0.026%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$651 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: KYCPerpl No · Kraken Futures YesFull 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−0.0263%/8h × 21 periods−$55.19
Price spread−0.109% → +0.026% (7d avg)−$13.55
Slippage, 4 ordersno data for Perpl—
Fee Perpl bp × 2 orders−$6.90
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$85.64
Costs to cover0.169%Break-evennever at this rate
Slippage: Perpl: no order-book sample; Kraken Futures: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPerpl—————
SELL · SHORTKraken Futures4.3912.3 bp−$1216.7 bp−$16738.9 bp−$3,894doesn’t fit
Closing costs about the same again.
Perpl: no data.
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-30 17:06 | Perpl | Listing | new market NEAR ($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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