Funding you earn now, next payment 22:00 UTC−0.0144%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.046%
Price spread now: Kraken Futures against Extended−0.220%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.220% cheaper against Extended than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOON-USD | 0.1948 | 0.0200 | pay 0.0025% / 1h | 27m 02s | $7K | $207K | 5x |
| Short | Kraken Futures PF_SOONUSD | 0.1943 | 0.0056 | get 0.0007% / 1h | 27m 02s | $11K | $1K | 10x |
Extended SOON-USD
Kraken Futures PF_SOONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$30.18
- Price spread: −0.220% → 0.000%
- −$21.98
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$67.16
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: 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 Extended live order book, 59 min ago | 10.79 bp | 109.8 bp −$110 | 524.5 bp −$5,245 | 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.
SOON on 11 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_SOONUSDshort | +0.0056% | 1h | 0.1943 | −0.220% | $11K | $1K | 10x | |
| BingX SOON-USDT | +0.0070% | 4h | 0.1942 | −0.296% | — | $6.6M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1945 | −0.142% | $1.9M | $417K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1937 | −0.553% | $3.1M | $90K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1945 | −0.137% | $1.8M | $3.0M | 50x | as long as short |
| Extended SOON-USDlong | +0.0200% | 1h | 0.1948 | long leg | $7K | $207K | 5x | |
| Binance SOONUSDT | +0.0200% | 4h | 0.1948 | +0.012% | $8.0M | $1.9M | 50x | as long as short |
| Bitget SOONUSDT | +0.0300% | 4h | 0.1944 | −0.193% | $9.1M | $199K | 25x | as long as short |
| Aster SOONUSDT | +0.0610% | 4h | 0.1944 | −0.193% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3967% | 4h | 0.1928 | −0.993% | $221K | $4K | — | as long as short |
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Binance SOONUSDT
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.5338% | 4h | 0.1930 | −0.912% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT