Funding you earn now, next payment 04:00 UTC−0.0873%/8h= −95.6% APRnext payment −$1.09 per $10,000 · paid last 24h +0.127%
Price spread now: Extended against Kraken Futures−0.096%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$26 a day on $10k at the current rate, and Extended is 0.096% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.571%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_OPENUSD | 0.1440 | 0.0977 | pay 0.0122% / 1h | 51m 22s | $14K | $55K | 10x |
| Short | Extended OPEN-USD | 0.1439 | 0.0104 | get 0.0013% / 1h | 51m 22s | $6K | $113K | 5x |
Kraken Futures PF_OPENUSD
Extended OPEN-USDFunding 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
- −$183.37
- Price spread: −0.096% → 0.000%
- −$9.65
- 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
- −$208.02
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 4 min ago. 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 live order book, 4 min ago | 6.24 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0067% | 4h | 0.1440 | 0.000% | $675K | $12K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1439 | −0.044% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1439 | −0.055% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1440 | 0.000% | $825K | $196K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1442 | +0.174% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1441 | +0.070% | $2.2M | $180K | 20x | as long as short |
| Extended OPEN-USDshort | +0.0104% | 1h | 0.1439 | −0.096% | $6K | $113K | 5x | |
| Bybit OPENUSDT | +0.0933% | 4h | 0.1442 | +0.118% | $1.5M | $692K | 25x | as long as short |
| Kraken Futures PF_OPENUSDlong | +0.0977% | 1h | 0.1440 | long leg | $14K | $55K | 10x |
BloFin OPEN-USDT
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Bybit OPENUSDT