Funding you earn now, next payment 23:00 UTC+0.0473%/8h= +51.8% APRnext payment +$0.59 per $10,000 · paid last 24h +0.070%
Price spread now: Kraken Futures against Arcus−0.112%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. Kraken Futures is 0.112% cheaper against Arcus than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 19 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus DYDX-USD | 0.1383 | 0.0100 | pay 0.0013% / 1h | 48m 01s | $53K | $19K | 5x |
| Short | Kraken Futures PF_DYDXUSD | 0.1381 | 0.0573 | get 0.0072% / 1h | 48m 01s | $321K | $325K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Arcus. 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
- $99.28
- Price spread: −0.112% → 0.000%
- −$11.25
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $73.54
- Costs to cover
- 0.145%
- Break-even
- 1.8 days
Slippage unknown: Arcus: no order-book sample; Kraken Futures: live order book, 35 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 35 min ago | 7.90 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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.
DYDX on 21 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 DYDX/USDC PERP | −0.0316% | 1h | 0.1378 | −0.362% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1380 | −0.217% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0086% | 8h | 0.1378 | −0.362% | $299K | $15K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1380 | −0.195% | $62K | $47K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1382 | −0.043% | $2.1M | $741K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1379 | −0.280% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.212% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1378 | −0.340% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1381 | −0.181% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USDlong | +0.0100% | 1h | 0.1383 | long leg | $53K | $19K | 5x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1379 | −0.289% | $390K | $470K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.217% | $3.4M | $853K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1380 | −0.217% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1380 | −0.217% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1379 | −0.289% | — | $7.4M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1380 | −0.217% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.217% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1380 | −0.229% | $936 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0573% | 1h | 0.1381 | −0.112% | $321K | $325K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1384 | +0.072% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.3238% | 1h | 0.1378 | −0.350% | $78K | $2K | 5x | as long as short |
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX