Funding you earn now, next payment 08:00 UTC+0.0909%/8h= +99.5% APRnext payment +$1.14 per $10,000 · paid last 24h +0.541%
Price spread now: Kraken Futures against Injective−0.114%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.157%+$116 on $10k
+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 0.114% cheaper against Injective than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$27 a day). 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 | Injective DYDX/USDC PERP | 0.1352 | −0.0058 | get 0.0007% / 1h | 36m 10s | $6K | $48K | 12x |
| Short | Kraken Futures PF_DYDXUSD | 0.1350 | 0.0851 | get 0.0106% / 1h | 36m 10s | $305K | $318K | 20x |
Injective DYDX/USDC PERP
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $190.9
- Price spread: −0.114% → 0.000%
- −$11.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $169.51
- Costs to cover
- 0.100%
- Break-even
- 0.8 days
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 5.92 bp | 37.4 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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.
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 PERPlong | −0.0058% | 1h | 0.1352 | long leg | $6K | $48K | 12x | |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1350 | −0.148% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1351 | −0.089% | $60K | $50K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0097% | 8h | 0.1349 | −0.222% | $290K | $30K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1352 | −0.007% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.007% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1350 | −0.148% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1349 | −0.222% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1350 | −0.126% | $2.1M | $2.9M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1350 | −0.148% | $52K | $20K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1350 | −0.155% | $376K | $427K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1350 | −0.148% | $2.9M | $781K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1351 | −0.074% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1350 | −0.148% | $1.4M | $896K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1350 | −0.148% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1350 | −0.177% | $1K | $404K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1350 | −0.148% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1350 | −0.174% | $915 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0851% | 1h | 0.1350 | −0.114% | $305K | $318K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1353 | +0.074% | $17K | $27K | 50x | as long as short |
| dYdX DYDX-USD | +0.7535% | 1h | 0.1350 | −0.161% | $77K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD