Funding you earn now, next payment 09:00 UTC+0.0553%/8h= +60.5% APRpaid last 24h −0.163%
Price spread now: SunX against Kraken Futures−0.279%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−0.273%−$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SunX is 0.279% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.279% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 40 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RIVERUSD | 1.2615 | −0.0453 | get 0.0057% / 1h | 55m 48s | $53K | $88K | 10x |
| Short | SunX RIVER-USDT | 1.2580 | 0.0100 | get 0.0050% / 4h | 3h 55m | $2K | $1.2M | 20x |
Kraken Futures PF_RIVERUSD
SunX RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $116.06
- Price spread: −0.279% → 0.000%
- −$27.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $70.19
- Costs to cover
- 0.180%
- Break-even
- 2.8 days
Slippage unknown: Kraken Futures: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 497.02 bp | doesn't fit | 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.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RIVERUSDlong | −0.0453% | 1h | 1.2615 | long leg | $53K | $88K | 10x | |
| Lighter RIVER | +0.0096% | 1h | 1.2600 | −0.120% | $41K | $13K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2560 | −0.437% | $2.5M | $4.2M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2598 | −0.137% | $43K | $7K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2617 | +0.014% | $27K | $448K | 10x | as long as short |
| SunX RIVER-USDTshort | +0.0100% | 4h | 1.2580 | −0.279% | $2K | $1.2M | 20x | |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2630 | +0.118% | $49K | $71K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0252% | 4h | 1.2560 | −0.437% | $3.0M | $2.4M | 20x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0340% | 4h | 1.2580 | −0.279% | $2.1M | $4.2M | 20x | as long as short |
| Gate RIVER_USDT | +0.0364% | 4h | 1.2590 | −0.199% | $424K | $93K | 20x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
HTX RIVER-USDT
Bitget RIVERUSDT
OKX RIVER-USDT-SWAP
Gate RIVER_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0473% | 4h | 1.2581 | −0.270% | $6.0M | $12.1M | 50x | as long as short |
| MEXC RIVER_USDT | +0.0476% | 4h | 1.2570 | −0.358% | $3.6M | $1.6M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0513% | 4h | 1.2610 | −0.041% | $258K | $30K | 50x | as long as short |
| Aster RIVERUSDT | +0.0578% | 4h | 1.2600 | −0.117% | $70K | $29K | 10x | as long as short |
| Bybit RIVERUSDT | +0.0838% | 4h | 1.2570 | −0.358% | $3.8M | $1.7M | 25x | as long as short |
| BingX RIVER-USDT | +0.2630% | 4h | 1.2570 | −0.358% | — | $6.8M | — | as long as short |
Binance RIVERUSDT
MEXC RIVER_USDT
BloFin RIVER-USDT
Aster RIVERUSDT
Bybit RIVERUSDT
BingX RIVER-USDT