Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1840%/8h= +201.5% APRnext payment +$2.30 per $10,000 · paid last 24h +0.919%
Price spread now: Kraken Futures against Extended+0.143%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and Kraken Futures is 0.143% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050230.0104pay 0.0013% / 1h26m 45s$4K5x
ShortKraken Futures PF_NOTUSD0.00050300.1944get 0.0243% / 1h26m 45s$49K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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

Funding earned
$386.44
Price spread: +0.143% → 0.000%
$14.33
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$385.78
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Kraken Futures no order-book sample
Extended 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.

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0087%4h0.0005007−0.307%$71K$38Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−2.957%$1K$13K5.5xas long as short
KuCoin NOTUSDTM+0.0074%4h0.0005014−0.170%$479K$133K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005035+0.247%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005020−0.050%$338K$66K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005021−0.030%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005024+0.026%$2.1M$3.0M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005019−0.070%$2.1M$845K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005028+0.109%$639K$687K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005020−0.050%$139K$57K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005023+0.010%$1.3M$438K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005027+0.089%$672K$469K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005022−0.010%$732Kas long as short
Extended kNOT-USDlong+0.0104%1h0.0005023long leg$4K5x
BloFin NOT-USDT+0.0107%4h0.0005015−0.150%$109K$18K50xas long as short
Kraken Futures PF_NOTUSDshort+0.1944%1h0.0005030+0.143%$49K$7K10x