Funding you earn now, next payment 04:00 UTC+0.0874%/8h= +95.7% APRnext payment +$1.09 per $10,000 · paid last 24h −0.127%
Price spread now: Kraken Futures against Extended+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.571%−$157 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Kraken Futures is 0.047% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.571%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPEN-USD | 0.1439 | 0.0104 | pay 0.0013% / 1h | 51m 24s | $6K | $113K | 5x |
| Short | Kraken Futures PF_OPENUSD | 0.1439 | 0.0978 | get 0.0122% / 1h | 51m 24s | $14K | $55K | 10x |
Extended OPEN-USD
Kraken Futures PF_OPENUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $183.47
- Price spread: +0.047% → 0.000%
- $4.74
- 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
- $173.2
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Extended: live order book, 4 min ago; 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 Extended live order book, 4 min ago | 6.24 bp | 51.1 bp −$51 | 440.8 bp −$4,408 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
OPEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPEN-USDT | +0.0081% | 4h | 0.1444 | +0.374% | $677K | $12K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1439 | +0.051% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1439 | +0.026% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1440 | +0.096% | $825K | $196K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1442 | +0.270% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1441 | +0.165% | $2.2M | $180K | 20x | as long as short |
| Extended OPEN-USDlong | +0.0104% | 1h | 0.1439 | long leg | $6K | $113K | 5x | |
| Bybit OPENUSDT | +0.0933% | 4h | 0.1442 | +0.207% | $1.5M | $692K | 25x | as long as short |
| Kraken Futures PF_OPENUSDshort | +0.0978% | 1h | 0.1439 | +0.047% | $14K | $55K | 10x |
BloFin OPEN-USDT
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Bybit OPENUSDT