Funding you earn now, next payment 09:00 UTC+0.5953%/8h= +651.8% APRnext payment +$7.44 per $10,000 · paid last 24h +0.416%
Price spread now: Kraken Futures against Extended+0.145%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$179 a day on $10k at the current rate, and Kraken Futures is 0.145% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPK-USD | 0.02172 | 0.0104 | pay 0.0013% / 1h | 14m 00s | $3K | $201K | 5x |
| Short | Kraken Futures PF_SPKUSD | 0.02175 | 0.6057 | get 0.0757% / 1h | 14m 00s | $23K | $7K | 10x |
Funding 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
- $1,250.05
- Price spread: +0.145% → 0.000%
- $14.53
- 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
- $1,249.58
- Costs to cover
- 0.150%
- Break-even
- 0.0 days
Slippage unknown: Extended: live order book, 17 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, 17 min ago | 4.67 bp | 34.9 bp −$35 | 226.5 bp −$2,265 | 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.
SPK on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0008% | 4h | 0.02174 | +0.090% | $146K | $146K | 50x | as long as short |
| Aster SPKUSDT | +0.0085% | 4h | 0.02174 | +0.098% | $19K | $81K | 5x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02173 | +0.027% | $3.8M | $5.6M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02173 | +0.044% | $1.8M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02175 | +0.136% | $740K | $2.1M | 20x | as long as short |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02172 | −0.003% | $2.1M | $661K | 50x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02173 | +0.044% | $1.2M | $1.3M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02172 | −0.003% | — | $2.3M | — | as long as short |
| Variational Omni SPK | +0.0100% | 4h | 0.02172 | +0.006% | $171K | $67K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02219 | +2.161% | $789 | $1.2M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SPK-USDlong | +0.0104% | 1h | 0.02172 | long leg | $3K | $201K | 5x | |
| BloFin SPK-USDT | +0.0151% | 4h | 0.02172 | −0.003% | $185K | $21K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0618% | 4h | 0.02182 | +0.458% | $1.1M | $388K | 30x | as long as short |
| Kraken Futures PF_SPKUSDshort | +0.6057% | 1h | 0.02175 | +0.145% | $23K | $7K | 10x |
Extended SPK-USD
Kraken Futures PF_SPKUSD
Gate SPK_USDT
Aster SPKUSDT
Binance SPKUSDT
Bybit SPKUSDT
OKX SPK-USDT-SWAP
MEXC SPK_USDT
Bitget SPKUSDT
BingX SPK-USDT
Variational Omni SPK
SunX SPK-USDT
BloFin SPK-USDT
KuCoin SPKUSDTM