Funding you earn now, next payment 04:00 UTC+1.2662%/8h= +1386.5% APRnext payment +$15.83 per $10,000 · paid last 24h +3.864%
Price spread now: Kraken Futures against Extended+0.558%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 +$380 a day on $10k at the current rate, and Kraken Futures is 0.558% dearer against Extended than usual: you sell high and buy low: +$56 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 SWARMS-USD | 0.008202 | 0.0576 | pay 0.0072% / 1h | 42m 33s | $7K | $144K | 5x |
| Short | Kraken Futures PF_SWARMSUSD | 0.008248 | 1.3238 | get 0.1655% / 1h | 42m 33s | $9K | $380 | 10x |
Extended SWARMS-USD
Kraken Futures PF_SWARMSUSDFunding 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
- $2,659.04
- Price spread: +0.558% → 0.000%
- $55.8
- 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
- $2,699.84
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 13 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, 13 min ago | 9.13 bp | 130.2 bp −$130 | 859.2 bp −$8,592 | 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.
SWARMS on 9 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 SWARMS_USDT | +0.0100% | 4h | 0.008199 | −0.036% | $945K | $119K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0538% | 4h | 0.008211 | +0.110% | — | $6.5M | — | as long as short |
| MEXC SWARMS_USDT | +0.0572% | 4h | 0.008206 | +0.049% | $147K | $102K | 100x | as long as short |
| Extended SWARMS-USDlong | +0.0576% | 1h | 0.008202 | long leg | $7K | $144K | 5x | |
| KuCoin SWARMSUSDTM | +0.0610% | 4h | 0.008196 | −0.073% | $782K | $142K | 20x | as long as short |
| Binance SWARMSUSDT | +0.0620% | 4h | 0.008207 | +0.061% | $3.5M | $4.3M | 20x | as long as short |
| BloFin SWARMS-USDT | +0.0627% | 4h | 0.008206 | +0.049% | $231K | $7K | 20x | as long as short |
| Aster SWARMSUSDT | +0.0914% | 4h | 0.008191 | −0.139% | $31K | $139K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSDshort | +1.3238% | 1h | 0.008248 | +0.558% | $9K | $380 | 10x |
Gate SWARMS_USDT
BingX SWARMS-USDT
MEXC SWARMS_USDT
KuCoin SWARMSUSDTM
Binance SWARMSUSDT
BloFin SWARMS-USDT
Aster SWARMSUSDT