Settings8H · net · $10k
Funding arb · Price arb /

POWR

all POWR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1078%/8h= +118.0% APRpaid last 24h −0.089%
Price spread now: Kraken Futures against Binance+0.430%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Kraken Futures is 0.430% dearer against Binance than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POWRUSDT0.063840.0100pay 0.0050% / 4h3h 22m$1.4M$2.2M50x
ShortKraken Futures PF_POWRUSD0.064110.1178get 0.0147% / 1h22m 11s$16K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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

Funding earned
$226.36
Price spread: +0.430% → 0.000%
$43.05
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$249.41
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Binance: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.58 bp35.9 bp −$36180.6 bp −$1,806doesn't fitdoesn'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.

POWR on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POWR-USDT+0.0070%4h0.06380−0.063%$1.3Mas long as short
Aster POWRUSDT+0.0100%4h0.06377−0.112%$13K$44K5xas long as short
Binance POWRUSDTlong+0.0100%4h0.06384long leg$1.4M$2.2M50x
Gate POWR_USDT+0.0100%4h0.06352−0.501%$106K$28K10xas long as short
MEXC POWR_USDT+0.0100%4h0.063840.000%$1.1M$112K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06388+0.063%$643K$104K30xas long as short
Bitget POWRUSDT+0.0100%4h0.06376−0.125%$372K$202K50xas long as short
Bybit POWRUSDT+0.0404%4h0.06377−0.110%$918K$540K13xas long as short
Variational Omni POWR+0.0450%4h0.06342−0.662%$508$2Kas long as short
Kraken Futures PF_POWRUSDshort+0.1178%1h0.06411+0.430%$16K$11K10x