Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1851%/8h= +202.7% APRnext payment +$2.31 per $10,000 · paid last 24h +0.855%
Price spread now: Kraken Futures against Extended+0.062%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Kraken Futures is 0.062% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050560.0104pay 0.0013% / 1h37m 57s$4K$4915x
ShortKraken Futures PF_NOTUSD0.00050600.1955get 0.0244% / 1h37m 57s$49K$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$388.8
Price spread: +0.062% → 0.000%
$6.15
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$379.95
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: Extended: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Kraken Futures no order-book sample
Extended and Kraken Futures: 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.

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0336%4h0.0005057+0.012%$71K$39Kas long as short
KuCoin NOTUSDTM−0.0186%4h0.0005052−0.087%$464K$129K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.607%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0069%4h0.0005072+0.308%$112K$17K50xas long as short
Bybit NOTUSDT+0.0070%4h0.0005051−0.107%$2.1M$862K25xas long as short
Lighter 1000NOT+0.0096%1h0.0005066+0.194%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005060+0.071%$369K$51K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005062+0.111%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005058+0.028%$2.1M$3.1M50xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005054−0.048%$632K$651K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005053−0.067%$143K$68K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005059+0.051%$1.3M$439K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005062+0.111%$671K$411K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005059+0.051%$721Kas long as short
Extended kNOT-USDlong+0.0104%1h0.0005056long leg$4K$4915x
Kraken Futures PF_NOTUSDshort+0.1955%1h0.0005060+0.062%$49K$9K10x