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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NOTUSD | 0.0005027 | 0.1945 | pay 0.0243% / 1h | 28m 53s | $49K | $7K | 10x |
| Short | Extended kNOT-USD | 0.0005014 | 0.0104 | get 0.0013% / 1h | 28m 53s | $4K | — | 5x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0087% | 4h | 0.0005007 | −0.398% | $71K | $38K | — | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.046% | $1K | $13K | 5.5x | as long as short |
| BloFin NOT-USDT | +0.0049% | 4h | 0.0005013 | −0.281% | $109K | $18K | 50x | as long as short |
| KuCoin NOTUSDTM | +0.0068% | 4h | 0.0005013 | −0.281% | $476K | $136K | 50x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005026 | −0.020% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005020 | −0.141% | $338K | $66K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005022 | −0.102% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005015 | −0.235% | $2.1M | $3.0M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005013 | −0.281% | $2.1M | $848K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005016 | −0.221% | $638K | $686K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOT_USDT | +0.0100% | 4h | 0.0005020 | −0.141% | $139K | $57K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005015 | −0.241% | $1.3M | $437K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005021 | −0.122% | $671K | $470K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | 0.0005018 | −0.181% | — | $8.5M | — | as long as short |
| Extended kNOT-USDshort | +0.0104% | 1h | 0.0005014 | −0.253% | $4K | — | 5x | |
| Kraken Futures PF_NOTUSDlong | +0.1945% | 1h | 0.0005027 | long leg | $49K | $7K | 10x |
Kraken Futures PF_NOTUSD
Extended kNOT-USD
Variational Omni NOT
Injective NOT/USDC PERP
BloFin NOT-USDT
KuCoin NOTUSDTM
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDT