TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01195−0.0414get 0.0052% / 1h50m 03s$200K$266K10xLong Kraken Futures
SHORT0.01194−0.0081pay 0.0010% / 1h50m 03s$16K$49K5xShort Arcus5% off
Price gap−0.124%
Funding gap+0.0332% /8h

Funding pays +$10 a day on $10k, but the gap is 0.124% under zero (no 7-day history yet): −$12 if it goes back, about 30 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$54+0.0332% /8h now · paid +0.544% over the last 7D
Price—spread −0.124% now · no price history on both exchanges yet
Costsno datano order book for Arcus
Result, before costs—+ Points / potential airdropArcus: points · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.124%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

W on 18 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Arcus: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $2,000
    Kraken Futures 10x, Arcus 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$9.97Long Kraken Futures: 24 payments, +$12.41; short Arcus: 24 payments, −$2.44.
  • Note: No 7-day spread history−0.124%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$16K vs $200K OI
    Arcus sets your exit cost. Check its book before closing.
  • OK: Points on a legArcus points
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · Arcus No
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0259%/8h × 21 periods+$54.41
Price spread−0.124% → 0−$12.41
Slippage, 4 ordersno data for Arcus—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Arcus bp × 2 orders−$4.50
Net, fees only · 7 days · $10k+$27.50
Costs to cover0.145%Break-even3.5 days
Slippage: Kraken Futures: live order book, 62 min ago; Arcus: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures6.2815.6 bp−$16238.5 bp−$2,385doesn’t fitdoesn’t fit
SELL · SHORTArcus—————

Closing costs about the same again.
Arcus: no data.

Alert

W news

posts that mention W, from every exchangeSearch all news →
10-14 03:49ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-14 03:30ArcusListing$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-13 19:59ArcusListingnew market W-USD ($W) seen by our collector
10-12 15:17AsterListingNew perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗
10-12 14:13AsterListingnew market WUSDT ($W) seen by our collector