Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,402.4 | +0.0050 | pay 0.0006% / 1h | 7m 35s | $70K | $7K | 5x | Long Kraken Futures | |
| SHORT | 1,396.5 | +0.0048 | get 0.0006% / 1h | 7m 35s | $144K | $354K | 10x | Short Extended10% off |
Price gap−0.417%
Funding gap−0.0002% /8h
Funding is ≈ 0 and the gap is 0.417% under zero (no 7-day history yet): the price leg works against you, −$42 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0002% /8h now · paid −0.004% over the last 7D
Price—spread −0.417% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropExtended: 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−0.417%
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
/8hOPENAI on 26 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$2,000 + $1,000Kraken Futures 5x, Extended 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: −$0.06Long Kraken Futures: 24 payments, −$1.50; short Extended: 24 payments, +$1.44.
- Note: No 7-day spread history−0.417%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$70K vs $144K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Extended 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−0.0002%/8h × 21 periods−$0.44
Price spread−0.417% → 0−$41.74
Slippage, 4 ordersno data for Kraken Futures—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$57.18
Costs to cover0.150%Break-evennever at this rate
Slippage: Kraken Futures: no order-book sample; Extended: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures—————
SELL · SHORTExtended3.2216.9 bp−$17112.7 bp−$1,127doesn’t fitdoesn’t fit
Closing costs about the same again.
Kraken Futures: no data.
| 10-24 19:20 | Kalshi | Other | JUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗ |
| 10-23 22:30 | Markets by Kinetiq | Other | OpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗ |
| 10-23 19:45 | Kalshi | Other | JUST IN: OpenAI to train frontier models without internet access @Kalshi on X ↗ |
| 10-23 12:45 | Kalshi | Other | JUST IN: Wall Street urges Anthropic and OpenAI to go public by the year's end @Kalshi on X ↗ |
| 10-22 20:22 | Kalshi | Other | JUST IN: OpenAI nears $30 billion funding round at $1.25 trillion valuation @Kalshi on X ↗ |
| 10-21 18:00 | Kalshi | Other | JUST IN: OpenAI to sell its frontier models, including GPT-6 Astra, and Codex through Google Cloud, per Reuters @Kalshi on X ↗ |


Kalshi