Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.2818%/8h= −308.6% APRnext payment $3.52 per $10,000 · paid last 24h +1.201%
Price spread now: Kraken Futures against dYdX−0.019%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$85 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ATH-USD0.0055190get 0.0000% / 1h0m 41s$11K$575x
ShortKraken Futures PF_ATHUSD0.005518−0.2818pay 0.0352% / 1h0m 41s$19K$106K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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

Funding earned
−$591.74
Price spread: −0.019% → 0.000%
−$1.9
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$613.64
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures live order book, 6 min ago22.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
dYdX: 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.

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSDshort−0.2818%1h0.005518−0.019%$19K$106K10x
Variational Omni ATH−0.0094%4h0.005508−0.208%$185K$93Kas long as short
dYdX ATH-USDlong0.0000%1h0.005519long leg$11K$575x
BloFin ATH-USDT+0.0057%4h0.005540+0.380%$170K$68K75xas long as short
Aster ATHUSDT+0.0100%4h0.005525+0.107%$6K$39K5xas long as short
Binance ATHUSDT+0.0100%4h0.005518−0.025%$3.4M$4.0M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005508−0.199%$4.4M$2.4M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005512−0.127%$703K$1.2M20xas long as short
Gate ATH_USDT+0.0100%4h0.005520+0.018%$789K$537K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005520+0.018%$8.9M$591K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005521+0.036%$558K$77K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005518−0.018%$1.5M$867K25xas long as short
BingX ATH-USDT+0.0100%4h0.005515−0.073%$21.7Mas long as short