Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3782 | +0.0581 | pay 0.0073% / 1h | 52m 30s | $961K | $11.3M | 50x | Long Kraken Futures | |
| SHORT | 0.3800 | +0.0862 | get 0.0108% / 1h | 52m 30s | $3K | $129K | 10x | Short Aftermath Perps5% off |
Price gap+0.468%
Funding gap+0.0281% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.460% above its 7d average: +$46 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$124+0.0281% /8h now · paid +1.241% over the last 7D
Price+$46spread +0.468% now, avg +0.008% → +0.460% if it goes back
Costs−$970.965% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.468%
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
/8hWLD on 43 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size29.8 / 29.6 bpAt $10k entering Kraken Futures costs 29.8 bp, fee and slippage, 1.0× Aftermath Perps’s.
- Note: Margin at max leverage$200 + $1,000Kraken Futures 50x, Aftermath Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$8.43Long Kraken Futures: 24 payments, −$17.43; short Aftermath Perps: 24 payments, +$25.86.
- OK: Entry gap works for you+0.468% vs +0.008%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $961K OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKraken Futures Yes · Aftermath Perps NoFull 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 outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0591%/8h × 21 periods+$124.11
Price spread+0.468% → +0.008% (7d avg)+$45.97
Slippage, 4 orderslive order books−$77.53
Fee Kraken Futures bp × 2 orders−$10.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$73.54
Costs to cover0.965%Break-even2.9 days
Slippage: Kraken Futures: live order book, 5 min ago; Aftermath Perps: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures10.5329.8 bp−$3045.5 bp−$455187.6 bp−$18.8Kdoesn’t fit
SELL · SHORTAftermath Perps12.3229.6 bp−$30doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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