Funding you earn now, next payment 00:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.114%
Price spread now: Kraken Futures against SunX+0.315%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.315% dearer against SunX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.253% in total (about 13.2% 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 | SunX RIVER-USDT | 1.2630 | 0.0100 | pay 0.0050% / 4h | 3m 33s | $2K | $995K | 20x |
| Short | Kraken Futures PF_RIVERUSD | 1.2670 | 0.0725 | get 0.0091% / 1h | 3m 33s | $57K | $74K | 10x |
SunX RIVER-USDT
Kraken Futures PF_RIVERUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $131.25
- Price spread: +0.315% → 0.000%
- $31.48
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $144.73
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 59 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 59 min ago | 501.78 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2650 | +0.158% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2660 | +0.238% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2630 | 0.000% | $2.5M | $2.3M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2634 | +0.030% | $32K | $415K | 10x | as long as short |
| SunX RIVER-USDTlong | +0.0100% | 4h | 1.2630 | long leg | $2K | $995K | 20x | |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2670 | +0.317% | $48K | $95K | 20x | as long as short |
| Gate RIVER_USDT | +0.0174% | 4h | 1.2640 | +0.079% | $425K | $114K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0244% | 4h | 1.2650 | +0.158% | $3.0M | $1.9M | 20x | as long as short |
| BloFin RIVER-USDT | +0.0544% | 4h | 1.2630 | 0.000% | $418K | $33K | 50x | as long as short |
| Aster RIVERUSDT | +0.0557% | 4h | 1.2655 | +0.195% | $73K | $31K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
HTX RIVER-USDT
Gate RIVER_USDT
Bitget RIVERUSDT
BloFin RIVER-USDT
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0594% | 4h | 1.2655 | +0.198% | $6.1M | $10.5M | 50x | as long as short |
| MEXC RIVER_USDT | +0.0596% | 4h | 1.2650 | +0.158% | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni RIVER | +0.0645% | 4h | 1.2618 | −0.093% | $42K | $20K | — | as long as short |
| Kraken Futures PF_RIVERUSDshort | +0.0725% | 1h | 1.2670 | +0.315% | $57K | $74K | 10x | |
| BingX RIVER-USDT | +0.1044% | 4h | 1.2650 | +0.158% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1065% | 4h | 1.2650 | +0.158% | $3.8M | $1.7M | 25x | as long as short |
Binance RIVERUSDT
MEXC RIVER_USDT
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT