Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005819 | +0.0100 | pay 0.0013% / 1h | 49m 18s | $127K | $348K | 10x | Long Bulk | |
| SHORT | 0.005821 | −0.0053 | pay 0.0007% / 1h | 49m 18s | $835K | $7.3M | 50x | Short Kraken Futures |
Price gap+0.029%
Funding gap−0.0153% /8h
Funding costs $5 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0153% /8h now · paid −0.028% over the last 5 days (all we have)
Price−$1spread +0.029% now, avg +0.038% → −0.009% if it goes back
Costs−$400.404% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Kraken Futures price against Bulknow
RANGE STATS · 7D
Now+0.029%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 42 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books5.0 / 13.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Bulk 10x, Kraken Futures 50x. 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: −$4.58Long Bulk: 24 payments, −$3.00; short Kraken Futures: 24 payments, −$1.58.
- Note: Gap at its usual level+0.029% vs +0.038%The price leg adds little either way.
- Watch: Long leg is thinner$127K vs $835K OIBulk sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBulk No · Kraken Futures YesFull 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 earned−0.0017%/8h × 21 periods−$3.62
Price spread+0.029% → +0.038% (7d avg)−$0.88
Slippage, 4 orderslive order books−$23.42
Fee Bulk bp × 2 orders−$7.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$44.92
Costs to cover0.404%Break-evennever at this rate
Slippage: Bulk: live order book, 10 min ago; Kraken Futures: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.015.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures6.8713.3 bp−$1319.0 bp−$19069.3 bp−$6,930doesn’t fit
Closing costs about the same again.
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 09-24 14:13 | Bulk | Other | PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗ |
| 09-18 16:36 | RISEx | Other | Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗ |


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