Funding you earn now, next payment 09:00 UTC−3.9411%/8h= −4315.5% APRnext payment −$49.26 per $10,000 · paid last 24h −4.240%
Price spread now: Extended against Kraken Futures−0.541%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 −$1,182 a day on $10k at the current rate, and Extended is 0.541% cheaper against Kraken Futures than usual: you would sell low and buy high (−$54 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 | Kraken Futures PF_SWARMSUSD | 0.008248 | 3.9891 | pay 0.4986% / 1h | 45m 53s | $9K | $45 | 10x |
| Short | Extended SWARMS-USD | 0.008204 | 0.0480 | get 0.0060% / 1h | 45m 53s | $7K | $209K | 5x |
Kraken Futures PF_SWARMSUSD
Extended SWARMS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$8,276.32
- Price spread: −0.541% → 0.000%
- −$54.08
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8,345.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 50 min ago. 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 Extended live order book, 50 min ago | 7.84 bp | 106.8 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.008196 | −0.635% | $948K | $114K | 10x | as long as short |
| Extended SWARMS-USDshort | +0.0480% | 1h | 0.008204 | −0.541% | $7K | $209K | 5x | |
| MEXC SWARMS_USDT | +0.0480% | 4h | 0.008211 | −0.453% | $152K | $97K | 100x | as long as short |
| Binance SWARMSUSDT | +0.0480% | 4h | 0.008206 | −0.514% | $3.5M | $3.5M | 20x | as long as short |
| BingX SWARMS-USDT | +0.0498% | 4h | 0.008207 | −0.502% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDT | +0.0531% | 4h | 0.008199 | −0.599% | $226K | $8K | 20x | as long as short |
| Aster SWARMSUSDT | +0.0601% | 4h | 0.008196 | −0.636% | $31K | $102K | 5x | as long as short |
| KuCoin SWARMSUSDTM | +0.1334% | 4h | 0.008192 | −0.683% | $769K | $121K | 20x | as long as short |
| Kraken Futures PF_SWARMSUSDlong | +3.9891% | 1h | 0.008248 | long leg | $9K | $45 | 10x |
Gate SWARMS_USDT
MEXC SWARMS_USDT
Binance SWARMSUSDT
BingX SWARMS-USDT
BloFin SWARMS-USDT
Aster SWARMSUSDT
KuCoin SWARMSUSDTM