Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5263 | +0.3645 | pay 0.0456% / 1h | 15m 11s | $51K | $508K | 20x | Long Kraken Futures | |
| SHORT | 0.5260 | +0.0100 | get 0.0012% / 1h | 15m 11s | $85K | $32K | 5x | Short Nado20% off |
Price gap−0.056%
Funding gap−0.3545% /8h
Both sides work against this direction now: funding costs $106 a day on $10k and the gap is 0.056% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.3545% /8h now · no funding history yet
Price—spread −0.056% now · no price history on both exchanges yet
Costsno datano order book for Nado
Price and funding
1h · historyEntry / ExitKraken Futures: thin, under $1M open interest · Nado: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.056%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPONS on 32 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Nado: its slippage is not counted.
- Note: Margin at max leverage$500 + $2,000Kraken Futures 20x, Nado 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$106.35Long Kraken Futures: 24 payments, −$109.35; short Nado: 24 payments, +$3.00.
- Note: No 7-day spread history−0.056%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$51K vs $85K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Nado NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$744.48
Price spread−0.056% → 0−$5.64
Slippage, 4 ordersno data for Nado—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Nado bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$760.12
Costs to cover0.100%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 63 min ago; Nado: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures16.0646.4 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTNado—————
Closing costs about the same again.
Nado: no data.
| 09-29 11:00 | gTrade (Gains Network) | Listing | PONS/USD no longer reported ($PONS) seen by our collector |
| 09-29 02:27 | Arcus | Listing | $PONS perpetuals are now live on Arcus. Up to 4x leverage. @arcus_xyz on X ↗ |
| 09-28 19:23 | Arcus | Listing | new market PONS-USD ($PONS) seen by our collector |
| 09-25 11:16 | Kraken Futures | Listing | new market PF_PONSUSD ($PONS) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market PONS/USD ($PONS) seen by our collector |
| 09-22 13:03 | Bybit | Other | 📣 $PONS is officially listed on #BybitSpot with @ponsdotfamily! Pons is a token launchpad on the Robinhood blockchain, where users can pair tokens with Stock Tokens, ETH, USDG, and more. Tokens are launched through a "fair launch" process with a bonding curve. @Bybit_Official on X ↗ |

gTrade (Gains Network)
Avantis
Bybit