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−0.1841%/8h= −201.6% APRnext payment $2.30 per $10,000 · paid last 24h −0.919%
Price spread now: Extended against Kraken Futures−0.253%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$55 a day on $10k at the current rate, and Extended is 0.253% cheaper against Kraken Futures than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NOTUSD0.00050270.1945pay 0.0243% / 1h28m 53s$49K$7K10x
ShortExtended kNOT-USD0.00050140.0104get 0.0013% / 1h28m 53s$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$386.65
Price spread: −0.253% → 0.000%
−$25.27
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$426.92
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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 Kraken Futures no order-book sample
Sell Extended no order-book sample
Kraken Futures and Extended: 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%4h0.0005007−0.398%$71K$38Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.046%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0049%4h0.0005013−0.281%$109K$18K50xas long as short
KuCoin NOTUSDTM+0.0068%4h0.0005013−0.281%$476K$136K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005026−0.020%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005020−0.141%$338K$66K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005022−0.102%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005015−0.235%$2.1M$3.0M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005013−0.281%$2.1M$848K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005016−0.221%$638K$686K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005020−0.141%$139K$57K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005015−0.241%$1.3M$437K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005021−0.122%$671K$470K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005018−0.181%$8.5Mas long as short
Extended kNOT-USDshort+0.0104%1h0.0005014−0.253%$4K5x
Kraken Futures PF_NOTUSDlong+0.1945%1h0.0005027long leg$49K$7K10x