ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.007%

Price spread now: Kraken Futures against Extended+0.091%7-day average +0.163% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$560.561% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.572%+$57 · spread now +0.091%, 7d avg +0.163%

Together, before fees+0.520%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.071% cheaper against Extended than usual: you would sell low and buy high (spread +0.091% now, against its 7-day average of +0.163%). If the spread goes back, that is −$7 on $10k: about 36 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ARB-USD	0.2209	0.0072	pay 0.0009% / 1h	23m 12s	$354K	$2.8M	25x
Short	Kraken Futures PF_ARBUSD	0.2211	0.0231	get 0.0029% / 1h	23m 12s	$1.1M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.091%Rate

Funding earned: $33.29
Price spread: +0.091% → +0.163%: −$7.14
Slippage, 4 orders: −$41.09
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$29.94
Costs to cover: 0.561%
Break-even: 13.3 days

Slippage from Extended: live order book, 6 min ago; Kraken Futures: live order book, 6 min ago.

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 Extended live order book, 6 min ago	9.09 bp	11.6 bp −$12	71.8 bp −$718	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	9.98 bp	15.0 bp −$15	21.5 bp −$215	532.7 bp −$53.3K	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1592%	1h	0.2197	−0.525%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0194%	1h	0.2208	−0.027%	$67K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0120%	1h	0.2207	−0.059%	$7K	$236	10x	as long as short
SoDEX ARB-USD	−0.0100%	1h	0.2209	+0.018%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0083%	8h	0.2207	−0.059%	$22.2M	$146.2M	50x	as long as short
MEXC ARB_USDT	−0.0082%	8h	0.2209	+0.014%	$41.9M	$62.1M	200x	as long as short
Variational Omni ARB	−0.0048%	8h	0.2208	−0.024%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0041%	8h	0.2208	−0.027%	$12K	$408K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0022%	1h	0.2209	+0.032%	$28K	$38K	25x	as long as short
Bybit ARBUSDT	−0.0013%	8h	0.2208	−0.027%	$54.2M	$126.6M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2210	+0.077%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2210	+0.077%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0033%	8h	0.2210	+0.041%	$5.4M	$18.4M	60x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2209	+0.011%	$474K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0064%	8h	0.2210	+0.063%	$21.3M	$34.8M	50x	as long as short
Binance ARBUSDT	+0.0070%	8h	0.2209	−0.001%	$63.1M	$302.1M	75x	as long as short
Extended ARB-USDlong	+0.0072%	1h	0.2209	long leg	$354K	$2.8M	25x
BingX ARB-USDC	+0.0076%	8h	0.2211	+0.118%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2209	+0.018%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2210	+0.078%	$140K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2210	+0.086%	$37.4M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2211	+0.114%	$635K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2209	+0.013%	$43K	$149K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2210	+0.041%	$19.6M	$14.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2199	−0.414%	$39K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2201	−0.333%	$478K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2199	−0.435%	$119K	$281K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2211	+0.109%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2209	+0.023%	$295K	$865K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2209	+0.018%	$4.9M	$12.9M	50x	as long as short
BloFin ARB-USDT	+0.0190%	8h	0.2208	−0.023%	$3.0M	$2.3M	75x	as long as short
Kraken Futures PF_ARBUSDshort	+0.0231%	1h	0.2211	+0.091%	$1.1M	$4.4M	50x
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2210	+0.083%	$834K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2214	+0.245%	$527K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2208	−0.041%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0623%	1h	0.2212	+0.154%	$993K	$2.8M	20x	as long as short