Funding you earn now, next payment 03:00 UTC+0.1574%/8h= +172.4% APRnext payment +$1.97 per $10,000 · paid last 24h +0.449%
Price spread now: Reya against Kraken Futures+0.132%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Reya is 0.132% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSD | 0.04101 | −0.1675 | get 0.0209% / 1h | 2m 56s | $34K | $13K | 10x |
| Short | Reya SRUSDPERP | 0.04106 | −0.0101 | pay 0.0013% / 1h | 2m 56s | $4 | — | 15x |
Kraken Futures PF_SUSD
Reya SRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $330.57
- Price spread: +0.132% → 0.000%
- $13.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $327.79
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Kraken Futures and Reya: 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.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.1592% | 1h | 0.03960 | −3.435% | $25K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSDlong | −0.1675% | 1h | 0.04101 | long leg | $34K | $13K | 10x | |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −1.923% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04109 | +0.208% | $1K | — | 100x | as long as short |
| Reya SRUSDPERPshort | −0.0101% | 1h | 0.04106 | +0.132% | $4 | — | 15x | |
| Variational Omni S | −0.0073% | 4h | 0.04105 | +0.106% | $637K | $31K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04110 | +0.217% | $3K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −0.021% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04107 | +0.149% | $102K | $316K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04112 | +0.271% | $172K | $158K | 5x | as long as short |
01 Exchange SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04110 | +0.223% | $1.0M | $557K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04107 | +0.153% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04106 | +0.119% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04101 | +0.003% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04102 | +0.027% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04103 | +0.052% | $337K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04106 | +0.125% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04104 | +0.076% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04107 | +0.149% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04104 | +0.076% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04100 | −0.021% | $25K | $452K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04100 | −0.016% | $231K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04106 | +0.125% | $285K | $101K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0723% | 1h | 0.04113 | +0.296% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1542% | 1h | 0.04120 | +0.466% | $122K | $381K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP