Funding you earn now, next payment 22:00 UTC−0.1471%/8h= −161.1% APRnext payment −$1.84 per $10,000 · paid last 24h +1.959%
Price spread now: Kraken Futures against 01 Exchange+0.018%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$44 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03900 | 0.0008 | pay 0.0001% / 1h | 30m 39s | $24K | $3K | 5x |
| Short | Kraken Futures PF_SUSD | 0.03901 | −0.1463 | pay 0.0183% / 1h | 30m 39s | $33K | $32K | 10x |
01 Exchange SUSD
Kraken Futures PF_SUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against 01 Exchange. 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
- −$308.92
- Price spread: +0.018% → 0.000%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$324.11
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
01 Exchange and 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSDshort | −0.1463% | 1h | 0.03901 | +0.018% | $33K | $32K | 10x | |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −1.897% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.1122% | 4h | 0.03894 | −0.145% | $606K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0189% / S +0.0183% | 1h | 0.03904 | +0.090% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03900 | −0.010% | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.0018% | 4h | 0.03903 | +0.085% | $43K | $212K | 10x | as long as short |
| Orderly PERP_S_USDC | −0.0016% | 4h | 0.03900 | 0.000% | $100K | $338K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03903 | +0.084% | $602 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0006% | 1h | 0.03905 | +0.128% | $66K | $10K | 10x | as long as short |
| 01 Exchange SUSDlong | +0.0008% | 1h | 0.03900 | long leg | $24K | $3K | 5x |
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Aster SUSDT
Orderly PERP_S_USDC
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUALShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +5.128% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03903 | +0.077% | $164K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03900 | −0.005% | $984K | $911K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03900 | 0.000% | $5.3M | $23.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03894 | −0.154% | $5.6M | $6.4M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03900 | 0.000% | $971K | $7.4M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03896 | −0.103% | $319K | $292K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03899 | −0.026% | $3.5M | $2.6M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03897 | −0.077% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03902 | +0.051% | $1.2M | $3.0M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03899 | −0.026% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | +0.256% | $19K | $470K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03900 | −0.005% | $219K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03899 | −0.026% | $268K | $177K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0493% | 1h | 0.03910 | +0.256% | $114K | $288K | 5x | as long as short |
Injective S/USDC PERP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP