Funding you earn now, next payment 05:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.031%
Price spread now: Kraken Futures against Injective+0.070%63s7-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
The price spread pays, funding is against you. Kraken Futures is 0.070% dearer against Injective than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | pay 0.0004% / 1h | 45m 54s | $9K | $78K | 101x |
| Short | Kraken Futures PF_EURUSD | 1.1474 | −0.0179 | pay 0.0022% / 1h | 45m 54s | $3K | — | 50x |
Injective EURUSD/USDC PERP
Kraken Futures PF_EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$44.49
- Price spread: +0.070% → 0.000%
- $6.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Injective and 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.
EUR on 18 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_EURUSDshort | −0.0179% | 1h | 1.1474 | +0.070% | $3K | — | 50x | |
| Hibachi EUR/USDT-P | −0.0176% | 1h | 1.1474 | +0.068% | $165K | $8.3M | 30x | as long as short |
| MEXC EUR_USDT | −0.0138% | 4h | 1.1479 | +0.110% | $6.8M | $132K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1486 | +0.169% | $2.1M | $412K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1481 | +0.123% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | +0.119% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1478 | +0.101% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1476 | +0.084% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1483 | +0.145% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1478 | +0.101% | $12K | $263K | 20x | as long as short |
Hibachi EUR/USDT-P
MEXC EUR_USDT
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0018% | 1h | 1.1479 | +0.111% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1476 | +0.083% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERPlong | +0.0033% | 1h | 1.1466 | long leg | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1508 | +0.361% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1480 | +0.119% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.140% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1484 | +0.153% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0197% | 1h | 1.1483 | +0.145% | $23.3M | $1.8M | 50x | as long as short |
Nado EURUSD-PERP
Extended EUR-USD
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR