Funding you earn now, next payment 03:00 UTC−0.1827%/8h= −200.0% APRnext payment −$2.28 per $10,000 · paid last 24h −0.855%
Price spread now: Extended against Kraken Futures−0.689%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$55 a day on $10k at the current rate, and Extended is 0.689% cheaper against Kraken Futures than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NOTUSD | 0.0005124 | 0.1931 | pay 0.0241% / 1h | 13m 35s | $50K | $9K | 10x |
| Short | Extended kNOT-USD | 0.0005089 | 0.0104 | get 0.0013% / 1h | 13m 35s | $4K | $491 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$383.63
- Price spread: −0.689% → 0.000%
- −$68.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$467.58
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Kraken Futures and Extended: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0365% | 4h | 0.0005089 | −0.693% | $72K | $39K | — | as long as short |
| KuCoin NOTUSDTM | −0.0260% | 4h | 0.0005085 | −0.761% | $468K | $130K | 50x | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −4.879% | $1K | $13K | 5.5x | as long as short |
| BloFin NOT-USDT | +0.0061% | 4h | 0.0005088 | −0.703% | $112K | $17K | 50x | as long as short |
| Bybit NOTUSDT | +0.0073% | 4h | 0.0005082 | −0.820% | $2.1M | $857K | 25x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005101 | −0.447% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005090 | −0.664% | $371K | $51K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005090 | −0.666% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005092 | −0.625% | $2.1M | $3.1M | 50x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005091 | −0.644% | $637K | $655K | 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 | 0.0005087 | −0.722% | $144K | $68K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005093 | −0.605% | $1.3M | $441K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005094 | −0.586% | $676K | $411K | 50x | as long as short |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005091 | −0.644% | — | $722K | — | as long as short |
| Extended kNOT-USDshort | +0.0104% | 1h | 0.0005089 | −0.689% | $4K | $491 | 5x | |
| Kraken Futures PF_NOTUSDlong | +0.1931% | 1h | 0.0005124 | long leg | $50K | $9K | 10x |
Kraken Futures PF_NOTUSD
Extended kNOT-USD
Variational Omni NOT
KuCoin NOTUSDTM
Injective NOT/USDC PERP
BloFin NOT-USDT
Bybit NOTUSDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDC