Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG5.374100.0000% / 43m16m 44s$651$132K3xLong Perpl
SHORT5.3682−0.0468pay 0.0059% / 1h37m 44s$5.5M$28.2M50xShort 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 forecast
Funding−$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 · history
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

/8h

NEAR on 46 exchanges

lowest funding first

Before 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 + $200
    Perpl 3x, Kraken Futures 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ43m / 1h
    Payments 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 OI
    Perpl sets your exit cost. Check its book before closing.
  • OK: Points on a legPerpl points
    Volume here counts toward the points program.
  • Watch: KYCPerpl No · Kraken Futures Yes
    Full 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 out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

NEAR news

posts that mention NEAR, from every exchangeSearch all news →
09-30 18:57OKXOtherAnother 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 17:06PerplListingnew market NEAR ($NEAR) seen by our collector
09-30 16:28PerplListingYou can now trade $NEAR with up to 3x leverage @perpltrade on X ↗
09-30 02:45MEXCOtherNot NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗
09-30 01:05ReyaListingNEARRUSDPERP no longer reported ($NEAR) seen by our collector
09-29 11:00BulkListingNEAR-USD no longer reported ($NEAR) seen by our collector