NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0364%/8h= −39.8% APRnext payment −$0.45 per $10,000 · paid last 24h +0.872%

Price spread now: Kraken Futures against Injective+5.244%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 5.244% dearer against Injective than usual: you sell high and buy low (spread +5.244% now, against zero (this spread has no 7-day history yet)): +$524 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 48 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NOT/USDC PERP	0.0004874	0.0033	pay 0.0004% / 1h	11m 03s	$1K	$13K	5.5x
Short	Kraken Futures PF_NOTUSD	0.0005130	−0.0330	pay 0.0041% / 1h	11m 03s	$50K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +5.244%Rate

Funding earned: −$76.39
Price spread: +5.244% → 0.000%: $524.43
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $438.03
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_NOTUSDshort	−0.0330%	1h	0.0005130	+5.244%	$50K	$10K	10x
Variational Omni NOT	−0.0124%	4h	0.0005117	+4.979%	$72K	$39K	—	as long as short
Injective NOT/USDC PERPlong	+0.0033%	1h	0.0004874	long leg	$1K	$13K	5.5x
BloFin NOT-USDT	+0.0072%	4h	0.0005124	+5.129%	$112K	$17K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005133	+5.316%	$12K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005130	+5.252%	$375K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005123	+5.103%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005122	+5.088%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005123	+5.109%	$2.2M	$825K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005123	+5.109%	$636K	$614K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005120	+5.047%	$143K	$79K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005122	+5.088%	$1.4M	$466K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005115	+4.945%	$467K	$135K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005127	+5.191%	$673K	$394K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005124	+5.129%	—	$8.9M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005121	+5.064%	$4K	$491	5x	as long as short