Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,423.6 | +0.0100 | pay 0.0013% / 1h | 51m 03s | $9K | $124K | 20x | Long TxFlow5% off | |
| SHORT | 1,445.3 | +0.0050 | get 0.0006% / 1h | 51m 03s | $70K | $10K | 5x | Short Kraken Futures |
Price gap+1.521%
Funding gap−0.0050% /8h
The gap pays +$152 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 3 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0050% /8h now · paid −0.105% over the last 7D
Price—spread +1.521% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropTxFlow: 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+1.521%
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$500 + $2,000TxFlow 20x, Kraken Futures 5x. 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: −$1.51Long TxFlow: 24 payments, −$3.00; short Kraken Futures: 24 payments, +$1.49.
- Note: No 7-day spread history+1.521%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$9K vs $70K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow 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−0.0050%/8h × 21 periods−$10.47
Price spread+1.521% → 0+$152.09
Slippage, 4 ordersno data for Kraken Futures—
Fee TxFlow bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$122.62
Costs to cover0.190%Break-evenfrom the start
Slippage: TxFlow: live order book, 34 min ago; Kraken Futures: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.5613.7 bp−$14131.5 bp−$1,315doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures—————
Closing costs about the same again.
Kraken Futures: no data.
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