Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.043%
Price spread now: Kraken Futures against edgeX+0.151%76s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.151%, 7d avg +0.082%
=Together, before fees−0.218%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.069% dearer against edgeX than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.082%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.230% in total) that is about 2.1 days. The two prices were read 76 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 | edgeX FILUSDC | 0.9944 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $45K | $296K | 10x |
| Short | Kraken Futures PF_FILUSD | 0.9959 | 0.0067 | get 0.0008% / 1h | 16m 17s | $1.4M | $2.2M | 50x |
edgeX FILUSDC
Kraken Futures PF_FILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- −$6.99
- Price spread: +0.151% → +0.082%
- $6.91
- Slippage, 4 orders
- −$29.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.07
- Costs to cover
- 0.490%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 37 min ago; Kraken Futures: live order book, 2 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 edgeX live order book, 37 min ago | 3.47 bp | 8.4 bp −$8 | 86.5 bp −$865 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.02 bp | 13.9 bp −$14 | 32.9 bp −$329 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0452% | 1h | 0.9959 | +0.147% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9968 | +0.238% | $359K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9959 | +0.152% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9962 | +0.173% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0007% | 8h | 0.9950 | +0.057% | $18.3M | $106.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9955 | +0.107% | $7.3M | $7.8M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.898% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0067% | 1h | 0.9959 | +0.151% | $1.4M | $2.2M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9955 | +0.105% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9958 | +0.136% | $8.4M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9962 | +0.182% | $508K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9956 | +0.112% | $57.0M | $185.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9954 | +0.097% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9955 | +0.107% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9954 | +0.097% | $235K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9952 | +0.077% | $11.2M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9958 | +0.137% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9946 | +0.014% | $450K | $265K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9944 | long leg | $45K | $296K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9945 | +0.008% | $296K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | −0.044% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9967 | +0.223% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9960 | +0.157% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9964 | +0.198% | $474 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9969 | +0.248% | $620K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | +0.057% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9953 | +0.085% | $700K | $1.8M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9944 | −0.003% | $2.7M | $712K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0584% / S −0.0255% | 1h | 0.9957 | +0.127% | $266K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]