Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 136.07 | +0.0081 | pay 0.0010% / 1h | 9m 29s | $18K | $143K | 10x | Long Aftermath Perps5% off | |
| SHORT | 136.98 | −0.0029 | pay 0.0004% / 1h | 9m 29s | $1.6M | $991K | 20x | Short Kraken Futures |
Price gap+0.666%
Funding gap−0.0110% /8h
The gap pays +$65 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 20 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$40−0.0110% /8h now · paid +0.399% over the last 7D
Price+$65spread +0.666% now, avg +0.012% → +0.654% if it goes back
Costs−$1161.159% of $10k · taker + slippage, in and out
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+0.666%
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
/8hSPCX on 47 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size79.7 / 9.6 bpAt $10k entering Aftermath Perps costs 79.7 bp, fee and slippage, 8.3× Kraken Futures’s.
- Note: Margin at max leverage$1,000 + $500Aftermath Perps 10x, Kraken Futures 20x. 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: −$3.30Long Aftermath Perps: 24 payments, −$2.43; short Kraken Futures: 24 payments, −$0.88.
- OK: Entry gap works for you+0.666% vs +0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$18K vs $1.6M OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAftermath Perps 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+0.0190%/8h × 21 periods+$39.93
Price spread+0.666% → +0.012% (7d avg)+$65.42
Slippage, 4 orderslive order books−$96.86
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$10.50
Costs to cover1.159%Break-even8.8 days
Slippage: Aftermath Perps: live order book, 18 min ago; Kraken Futures: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps1.7879.7 bp−$80doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures3.659.6 bp−$1016.8 bp−$168doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-30 12:26 | Reya | Points | In other news, the orderbook admits one wave at a time. Trade binancecoin:native, $SPCX and a growing list of crypto and RWA perps in Season 2. Join the waitlist before the next announcement makes the queue longer. @reya_xyz on X ↗ |
| 10-30 12:13 | Markets by Kinetiq | Other | JUST IN: CZ THREATENS ELON MUSK WITH SELLING $SPCX SHARES TO COVER THE BINANCE HACK. @Markets_xyz on X ↗ |
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| 10-27 13:21 | Ondo Perps | Other | Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗ |
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| 10-27 07:29 | Bitget | Other | Largest IPOs in history, by valuation. 1. Anthropic $ANT (2026)* ~$2.0T 2. Space X $SPCX (2026) ~$1.75T 3. Saudi Aramco (2019) ~$1.70T 4. SK Hynix $SKHY (2026) ~$1.09T 5. Alibaba $BABA (2014) ~$168B @bitget on X ↗ |


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