Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 210.00 | +0.0935 | pay 0.0117% / 1h | 49m 23s | $37K | $56K | 20x | Long Kraken Futures | |
| SHORT | 208.81 | +0.0507 | get 0.0063% / 1h | 49m 23s | $515K | $332K | 10x | Short Nado20% off |
Price gap−0.564%
Funding gap−0.0429% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.564% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$100−0.0429% /8h now · paid −0.997% over the last 7D
Price—spread −0.564% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropNado: points · farm boardneeds both price histories
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−0.564%
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
/8hMRVL on 36 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Kraken Futures: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000Kraken Futures 20x, Nado 10x. 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: −$12.86Long Kraken Futures: 24 payments, −$28.06; short Nado: 24 payments, +$15.21.
- Note: No 7-day spread history−0.564%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$37K vs $515K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Nado NoFull 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−0.0475%/8h × 21 periods−$99.71
Price spread−0.564% → 0−$56.44
Slippage, 4 ordersno data for Kraken Futures—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Nado bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$173.15
Costs to cover0.170%Break-evennever at this rate
Slippage: Kraken Futures: no order-book sample; Nado: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures—————
SELL · SHORTNado3.357.3 bp−$792.8 bp−$928doesn’t fitdoesn’t fit
Closing costs about the same again.
Kraken Futures: no data.
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