Funding you earn now, next payment 23:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h −0.186%
Price spread now: Injective against Kraken Futures−0.293%7-day average −2.225% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.569%−$157 on $10k
+Price spread, last 3 days (all we have)−3.825%−$383 · spread now −0.293%, 7d avg −2.225%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.932% dearer against Kraken Futures than usual: you sell high and buy low: +$193 more if the spread goes back to its 7-day average of −2.225%. Mind the row above: over the last 7 days funding on this pair cost −1.569%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KASUSD | 0.04374 | 0.0090 | pay 0.0011% / 1h | 46m 43s | $293K | $439K | 20x |
| Short | Injective KAS/USDC PERP | 0.04361 | 0.0329 | get 0.0041% / 1h | 46m 43s | $45 | $154K | 5.5x |
Kraken Futures PF_KASUSD
Injective KAS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- $50.29
- Price spread: −0.293% → −2.225%
- $193.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $233.46
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 36 min ago; Injective: 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 Kraken Futures live order book, 36 min ago | 7.95 bp | 45.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04374 | +0.011% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSDlong | +0.0090% | 1h | 0.04374 | long leg | $293K | $439K | 20x | |
| Aster KASUSDT | +0.0100% | 4h | 0.04375 | +0.031% | $256K | $199K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04376 | +0.056% | $4.1M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04374 | +0.004% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04373 | −0.019% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04376 | +0.050% | $28.1M | $4.4M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04376 | +0.047% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04373 | −0.019% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04376 | +0.050% | — | $69.3M | — | as long as short |
gTrade (Gains Network) KAS/USD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04371 | −0.062% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0132% / S −0.0886% | 1h | 0.04374 | −0.003% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERPshort | +0.0329% | 1h | 0.04361 | −0.293% | $45 | $154K | 5.5x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04381 | +0.164% | $382K | $204K | 75x | as long as short |
| Hyperliquid KAS | +0.0473% | 1h | 0.04383 | +0.214% | $2.9M | $933K | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS