Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.059%
Price spread now: Injective against Kraken Futures+0.061%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 +$4 a day on $10k at the current rate, and Injective is 0.061% dearer against Kraken Futures than usual: you sell high and buy low: +$6 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_EURUSD | 1.1463 | −0.0095 | get 0.0012% / 1h | 17m 11s | $3K | — | 50x |
| Short | Injective EURUSD/USDC PERP | 1.1470 | 0.0033 | get 0.0004% / 1h | 17m 11s | $9K | $78K | 101x |
Funding 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
- $26.85
- Price spread: +0.061% → 0.000%
- $6.11
- 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
- $22.93
- Costs to cover
- 0.100%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0144% | 4h | 1.1466 | +0.023% | $6.8M | $153K | 100x | as long as short |
| Kraken Futures PF_EURUSDlong | −0.0095% | 1h | 1.1463 | long leg | $3K | — | 50x | |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.075% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1482 | +0.162% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.066% | $250K | $26K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1463 | −0.003% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1471 | +0.066% | — | $2.6M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1469 | +0.049% | $13K | $258K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0010% | 1h | 1.1466 | +0.022% | $466K | $265K | 40x | as long as short |
| Lighter EURUSD | +0.0016% | 1h | 1.1476 | +0.106% | $2.1M | $534K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USD | +0.0032% | 1h | 1.1464 | +0.003% | $6.7M | $1.7M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1470 | +0.061% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.278% | — | $287K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1464 | +0.008% | $190K | $146K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1475 | +0.098% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0112% | 1h | 1.1473 | +0.084% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0187% | 1h | 1.1471 | +0.066% | $23.2M | $2.4M | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0208% | 1h | 1.1467 | +0.030% | $168K | $8.4M | 30x | as long as short |
Kraken Futures PF_EURUSD
Injective EURUSD/USDC PERP
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Lighter EURUSD
Extended EUR-USD
Pacifica EURUSD
tradeXYZ xyz:EUR