Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,076.5 | +0.0317 | pay 0.0040% / 1h | 55m 40s | $244K | $560K | 20x | Long Kraken Futures | |
| SHORT | 1,078.1 | +0.0046 | get 0.0006% / 1h | 55m 40s | $763K | $320K | 25x | Short Vest Markets+5% pts |
Price gap+0.145%238s
Funding gap−0.0272% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 46 hours. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0272% /8h now · paid −0.070% over the last 7D
Price—spread +0.145%238s now · prices read too far apart to compare
Costsno datano order book for Vest Markets
Result, before costs—+ Points / potential airdropVest Markets: points · farm boardneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.070% in total, about −0.0033%/8h on average.
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+0.145%
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
/8hMU on 41 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$500 + $400Kraken Futures 20x, Vest Markets 25x. 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: −$8.15Long Kraken Futures: 24 payments, −$9.52; short Vest Markets: 24 payments, +$1.37.
- Watch: Prices read 4 min apart+0.145% vs −0.011%Part of this gap may be the market moving.
- Watch: Long leg is thinner$244K vs $763K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Vest Markets 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−0.0033%/8h × 21 periods−$7.02
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Vest Markets—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$19.02
price spread not counted: prices read too far apartCosts to cover0.120%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 64 min ago; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures3.0113.8 bp−$1427.4 bp−$274doesn’t fitdoesn’t fit
SELL · SHORTVest Markets—————
Closing costs about the same again.
Vest Markets: no data.
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