Funding you earn now, next payment 07:00 UTC+0.2663%/8h= +291.6% APRnext payment +$3.33 per $10,000 · paid last 24h +0.321%
Price spread now: Injective against Kraken Futures+3.064%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Injective is 3.064% dearer against Kraken Futures than usual: you sell high and buy low: +$306 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARUSD | 4.2925 | −0.2629 | get 0.0329% / 1h | 29m 46s | $53K | $183K | 20x |
| Short | Injective AR/USDC PERP | 4.4240 | 0.0033 | get 0.0004% / 1h | 29m 46s | $2K | $5K | 5.5x |
Kraken Futures PF_ARUSD
Injective AR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $559.18
- Price spread: +3.064% → 0.000%
- $306.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $855.56
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 13 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 13 min ago | 44.95 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AR on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSDlong | −0.2629% | 1h | 4.2925 | long leg | $53K | $183K | 20x | |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0550% | 1h | 4.2944 | +0.046% | $551K | — | 50x | as long as short |
| Injective AR/USDC PERPshort | +0.0033% | 1h | 4.4240 | +3.064% | $2K | $5K | 5.5x | |
| Hyperliquid AR | +0.0100% | 1h | 4.3133 | +0.485% | $3.8M | $4.9M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3031 | +0.247% | $42K | $443K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3040 | +0.268% | $8.6M | $50.8M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3046 | +0.282% | $4.3M | $9.1M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3060 | +0.315% | $2.3M | $16.9M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.2980 | +0.129% | $2.0M | $3.4M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3030 | +0.245% | $6.3M | $4.3M | 100x | as long as short |
GMX AR/USD [WBTC.b-USDC]
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3040 | +0.268% | $1.1M | $1.3M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.3050 | +0.292% | $3.7M | $5.3M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.3050 | +0.292% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.2937 | +0.030% | $246K | $518K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.2850 | −0.174% | $21K | $712K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3029 | +0.243% | $36K | $239K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.2970 | +0.105% | $411K | $451K | 20x | as long as short |
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT