Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG379.91+0.0553pay 0.0069% / 1h40m 33s$1.7M$12.8M25xLong Arcus5% off
SHORT380.17+0.1643get 0.0205% / 1h40m 33s$1.2M$427K20xShort Kraken Futures
Price gap+0.067%
Funding gap+0.1089% /8h

Both sides work: funding pays +$33 a day on $10k, and the gap is 0.045% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$263+0.1089% /8h now · paid +2.629% over the last 7D
Price+$5spread +0.067% now, avg +0.022% → +0.045% if it goes back
Costs−$1031.034% of $10k · taker + slippage, in and out
Result+$164+1.64%+ Points / potential airdropArcus: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.067%
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

/8h

GLD on 6 exchanges

lowest funding first

Before you open

4 ok · 1 to watch
  • OK: Fits both order books2.4 / 9.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$400 + $500
    Arcus 25x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$32.68Long Arcus: 24 payments, −$16.60; short Kraken Futures: 24 payments, +$49.28.
  • OK: Entry gap works for you+0.067% vs +0.022%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Short leg is thinner$1.2M vs $1.7M OI
    Both legs are deep; Kraken Futures is the smaller one.
  • OK: Points on a legArcus points
    Volume here counts toward the points program.
  • Watch: KYCArcus No · Kraken Futures Yes
    Full 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 out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.1252%/8h × 21 periods+$262.91
Price spread+0.067% → +0.022% (7d avg)+$4.51
Slippage, 4 orderslive order books−$88.89
Fee Arcus bp × 2 orders−$4.50
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k+$164.03
Costs to cover1.034%Break-even2.6 days
Slippage: Arcus: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGArcus0.132.4 bp−$23.3 bp−$3318.7 bp−$1,872doesn’t fit
SELL · SHORTKraken Futures3.959.0 bp−$971.3 bp−$713doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

GLD news

posts that mention GLD or SPDR Gold Shares, from every exchangeSearch all news →
09-23 15:00Vest MarketsOther$SLV is down around 3.5% on today's session, with precious metals broadly lower and the dollar near a two-month high. The 10-year yield is near 4.98%, with Fed officials reaffirming last week's rate hike, the first since 2023. $GLD is down around 1.6% on the session, with the pullback taking silver back below the multi-year highs it held earlier this week. @VestExchange on X ↗