Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
LONG1,426.2+0.00010.0000% / 1h31m 13s$286K$59K3xLong Ondo Perps5% off
SHORT1,400.4+0.0050get 0.0006% / 1h31m 13s$70K$13K5xShort Kraken Futures
Price gap−1.809%
Funding gap+0.0049% /8h

Funding pays +$1 a day on $10k, but the gap is 1.809% under zero (no 7-day history yet): −$181 if it goes back, about 4 months of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0049% /8h now · paid +0.107% over the last 7D
Price—spread −1.809% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories

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−1.809%
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

OPENAI on 26 exchanges

lowest funding first

Before 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$3,333 + $2,000
    Ondo Perps 3x, Kraken Futures 5x. 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: +$1.48Long Ondo Perps: 24 payments, −$0.02; short Kraken Futures: 24 payments, +$1.50.
  • Note: No 7-day spread history−1.809%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$70K vs $286K OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCOndo Perps 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+0.0051%/8h × 21 periods+$10.71
Price spread−1.809% → 0−$180.90
Slippage, 4 ordersno data for Kraken Futures—
Fee Ondo Perps bp × 2 orders−$5.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$185.19
Costs to cover0.150%Break-even128.1 days
Slippage: Ondo Perps: live order book, 26 min ago; Kraken Futures: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps10.5215.1 bp−$1596.1 bp−$961doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures—————

Closing costs about the same again.
Kraken Futures: no data.

Alert

OPENAI news

posts that mention OPENAI or OpenAI, from every exchangeSearch all news →
10-24 19:20KalshiOtherJUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30Markets by KinetiqOtherOpenAI'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 19:45KalshiOtherJUST IN: OpenAI to train frontier models without internet access @Kalshi on X ↗
10-23 12:45KalshiOtherJUST IN: Wall Street urges Anthropic and OpenAI to go public by the year's end @Kalshi on X ↗
10-22 20:22KalshiOtherJUST IN: OpenAI nears $30 billion funding round at $1.25 trillion valuation @Kalshi on X ↗
10-21 18:00KalshiOtherJUST IN: OpenAI to sell its frontier models, including GPT-6 Astra, and Codex through Google Cloud, per Reuters @Kalshi on X ↗