Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5226 | +0.0711 | pay 0.0089% / 1h | 2m 59s | $1.3M | $5.2M | 50x | Long Kraken Futures | |
| SHORT | 0.5226 | L +0.0489S −0.0233 | get 0.0029% / 1h | 2m 59s | $59K | — | 10x | Short Avantis |
Price gap+0.010%
Funding gap−0.0478% /8h
Funding costs $14 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$49−0.0478% /8h now · paid −0.486% over the last 7D
Price—spread +0.010% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.010%
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 39 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000Kraken Futures 50x, Avantis 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: −$14.33Long Kraken Futures: 24 payments, −$21.33; short Avantis: 24 payments, +$7.00.
- Note: No 7-day spread history+0.010%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$59K vs $1.3M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Avantis 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−0.0231%/8h × 21 periods−$48.61
Price spread+0.010% → 0+$1.01
Slippage, 4 ordersno data for Avantis—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$66.60
Costs to cover0.190%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 1 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures0.9613.0 bp−$1320.7 bp−$207300.0 bp−$30.0Kdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya