IO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+2.6836%/8h= +2938.5% APRnext payment +$33.54 per $10,000 · paid last 24h +3.627%

Price spread now: Kraken Futures against Injective−0.245%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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 0.245% cheaper against Injective than usual: you would sell low and buy high (spread −0.245% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about under an hour of funding at the current rate (+$805 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective IO/USDC PERP	0.1494	0.0619	pay 0.0077% / 1h	49m 01s	$2K	$198	5.5x
Short	Kraken Futures PF_IOUSD	0.1490	2.7455	get 0.3432% / 1h	49m 01s	$38K	$10K	10x

Funding 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 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.245%Rate

Funding earned: $5,635.54
Price spread: −0.245% → 0.000%: −$24.53
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: $5,600.99
Costs to cover: 0.100%
Break-even: 0.0 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: no order-book sample. 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 no order-book sample	—	—	—	—	—

Injective and Kraken Futures: 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.

IO on 14 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
Hyperliquid IO	+0.0100%	1h	0.1498	+0.261%	$1.0M	$361K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1498	+0.285%	$23K	$47K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1498	+0.285%	$3.0M	$6.4M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1497	+0.207%	$1.1M	$899K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1499	+0.301%	$233K	$444K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1497	+0.201%	$1.2M	$228K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1499	+0.335%	$352K	$623K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1501	+0.469%	$1.4M	$1.3M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1499	+0.335%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1497	+0.217%	$30K	$16K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IO-USD	+0.0104%	1h	0.1498	+0.258%	$3K	$219K	5x	as long as short
BloFin IO-USDT	+0.0104%	4h	0.1501	+0.469%	$192K	$39K	50x	as long as short
Injective IO/USDC PERPlong	+0.0619%	1h	0.1494	long leg	$2K	$198	5.5x
Kraken Futures PF_IOUSDshort	+2.7455%	1h	0.1490	−0.245%	$38K	$10K	10x