Funding you earn now, next payment 06:00 UTC+0.0606%/8h= +66.4% APRnext payment +$0.76 per $10,000 · paid last 24h +0.057%
Price spread now: Injective against Kraken Futures+2.712%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Injective is 2.712% dearer against Kraken Futures than usual: you sell high and buy low: +$271 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 | Kraken Futures PF_XTZUSD | 0.3392 | −0.0573 | get 0.0072% / 1h | 36m 55s | $278K | $263K | 50x |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 36m 55s | $62 | $17K | 5.5x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $127.26
- Price spread: +2.712% → 0.000%
- $271.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $388.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 11 min ago; Injective: 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 Kraken Futures live order book, 11 min ago | 4.41 bp | 29.6 bp −$30 | 133.3 bp −$1,333 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
XTZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSDlong | −0.0573% | 1h | 0.3392 | long leg | $278K | $263K | 50x | |
| Bitget XTZUSDT | −0.0210% | 4h | 0.3383 | −0.266% | $911K | $868K | 75x | as long as short |
| Bybit XTZUSDT | −0.0135% | 4h | 0.3387 | −0.148% | $2.7M | $2.6M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0064% | 4h | 0.3383 | −0.266% | $280K | $95K | 75x | as long as short |
| Binance XTZUSDT | −0.0035% | 4h | 0.3386 | −0.191% | $4.7M | $9.6M | 75x | as long as short |
| MEXC XTZ_USDT | −0.0034% | 4h | 0.3384 | −0.237% | $2.1M | $685K | 100x | as long as short |
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +2.712% | $62 | $17K | 5.5x | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3377 | −0.444% | $85K | $282K | — | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3385 | −0.207% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3382 | −0.296% | $625K | $161K | 75x | as long as short |
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Binance XTZUSDT
MEXC XTZ_USDT
Variational Omni XTZ
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3381 | −0.325% | $624K | $187K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3383 | −0.266% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT