Funding you earn now, next payment 01:00 UTC+0.1929%/8h= +211.2% APRnext payment +$2.41 per $10,000 · paid last 24h +0.434%
Price spread now: Reya against Kraken Futures+0.006%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$58 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSD | 0.03980 | −0.2030 | get 0.0254% / 1h | 36m 43s | $34K | $23K | 10x |
| Short | Reya SRUSDPERP | 0.03980 | −0.0101 | pay 0.0013% / 1h | 36m 43s | $4 | — | 15x |
Kraken Futures PF_SUSD
Reya SRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $405.01
- Price spread: +0.006% → 0.000%
- $0.59
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $389.6
- Costs to cover
- 0.160%
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Reya: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Kraken Futures and Reya: 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.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.4144% | 1h | 0.03980 | +0.009% | $25K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSDlong | −0.2030% | 1h | 0.03980 | long leg | $34K | $23K | 10x | |
| Coinbase International S-PERP-INTX | −0.1240% | 1h | 0.03826 | −3.861% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0898% | 4h | 0.03979 | −0.020% | $619K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03984 | +0.104% | $1K | — | 100x | as long as short |
| Reya SRUSDPERPshort | −0.0101% | 1h | 0.03980 | +0.006% | $4 | — | 15x | |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03983 | +0.086% | $614 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0022% | 4h | 0.03981 | +0.034% | $101K | $335K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.024% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03985 | +0.134% | $162K | $191K | 5x | as long as short |
01 Exchange SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
Injective S/USDC PERP
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03983 | +0.079% | $997K | $629K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03981 | +0.035% | $44K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03982 | +0.059% | $5.5M | $16.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03978 | −0.042% | $5.7M | $5.0M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03981 | +0.034% | $982K | $4.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03976 | −0.092% | $325K | $216K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03981 | +0.034% | $3.7M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03984 | +0.109% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03983 | +0.084% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03981 | +0.034% | — | $6.7M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03990 | +0.260% | $116K | $320K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03970 | −0.243% | $26K | $446K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03980 | 0.000% | $224K | $1.1M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0252% | 1h | 0.03986 | +0.159% | $67K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03977 | −0.067% | $269K | $126K | 75x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
BloFin S-USDT