Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.460 | +0.0224 | pay 0.0028% / 1h | 51m 00s | $918K | $4.2M | 10x | Long Lighter RH+10% pts | |
| SHORT | 53.421 | +0.0560 | get 0.0070% / 1h | 51m 00s | $1.2M | $1.5M | 20x | Short Kraken Futures |
Price gap−0.073%
Funding gap+0.0336% /8h
Funding pays +$10 a day on $10k, but the gap is 0.113% under its 7d average: −$11 if it goes back, about 27 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$139+0.0336% /8h now · paid +1.391% over the last 7D
Price−$11spread −0.073% now, avg +0.040% → −0.113% if it goes back
Costs−$460.465% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.073%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size6.4 / 20.1 bpAt $10k entering Kraken Futures costs 20.1 bp, fee and slippage, 3.2× Lighter RH’s.
- Note: Margin at max leverage$1,000 + $500Lighter RH 10x, Kraken Futures 20x. 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: +$10.08Long Lighter RH: 24 payments, −$6.72; short Kraken Futures: 24 payments, +$16.80.
- Watch: Gap narrower than usual−0.073% vs +0.040%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$918K vs $1.2M OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCLighter RH No · Kraken Futures YesFull 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+0.0663%/8h × 21 periods+$139.15
Price spread−0.073% → +0.040% (7d avg)−$11.31
Slippage, 4 orderslive order books−$36.47
Fee Lighter RH bp × 2 orders$0.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k+$81.37
Costs to cover0.465%Break-even2.9 days
Slippage: Lighter RH: live order book, 5 min ago; Kraken Futures: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH3.746.4 bp−$614.0 bp−$140doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures7.4820.1 bp−$2052.3 bp−$523doesn’t fitdoesn’t fit
Closing costs about the same again.
INTC news
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