Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 180.61 | −0.0147 | get 0.0018% / 1h | 0m 00s | $648K | $1.2M | 10x | Long Kraken Futures | |
| SHORT | 180.65 | +0.0100 | get 0.0013% / 1h | 0m 00s | $49K | $244K | 10x | Short SoDEX |
Price gap+0.022%
Funding gap+0.0247% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$75+0.0247% /8h now · paid +0.755% over the last 7D
Price+$2spread +0.022% now, avg +0.006% → +0.016% if it goes back
Costs−$540.539% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
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+0.022%
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
/8hQNT on 20 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size8.0 / 17.4 bpAt $10k entering SoDEX costs 17.4 bp, fee and slippage, 2.2× Kraken Futures’s.
- Note: Margin at max leverage$1,000 + $1,000Kraken Futures 10x, SoDEX 10x. 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: +$7.42Long Kraken Futures: 24 payments, +$4.42; short SoDEX: 24 payments, +$3.00.
- Note: Gap at its usual level+0.022% vs +0.006%The price leg adds little either way.
- Watch: Short leg is thinner$49K vs $648K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKraken Futures Yes · SoDEX 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 earned+0.0359%/8h × 21 periods+$75.48
Price spread+0.022% → +0.006% (7d avg)+$1.59
Slippage, 4 orderslive order books−$35.94
Fee Kraken Futures bp × 2 orders−$10.00
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k+$23.13
Costs to cover0.539%Break-even4.9 days
Slippage: Kraken Futures: live order book, 4 min ago; SoDEX: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures0.838.0 bp−$819.6 bp−$196doesn’t fitdoesn’t fit
SELL · SHORTSoDEX0.5517.4 bp−$1763.3 bp−$633doesn’t fitdoesn’t fit
Closing costs about the same again.
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