S

Alert

Funding spread now, next payment 16:00 UTC−0.9494%/8h

next payment, per $10,000−$11.87paid, last 24h−1.858%paid, last 3 days−5.235%to open and closeno order book

Long on Kraken Futures Short on 01 Exchange

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUSD	0.03940	−0.2426	get 0.0303% / 1h	36m 03s	$33K	$48K	10x
Short	01 Exchange SUSD	0.03810	−1.1920	pay 0.1490% / 1h	36m 03s	$23K	$3K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee 01 ExchangebpOrdersRate

Funding earned: −$1,993.67
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$2,010.67
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −3.300%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 01 Exchange no order-book sample	—	—	—	—	—

Kraken Futures and 01 Exchange: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange SUSDshort	−1.1920%	1h	$23K	$3K	5x
Coinbase International S-PERP-INTX	−0.2432%	1h	$47K	$11K	25x	as long as short
Kraken Futures PF_SUSDlong	−0.2426%	1h	$33K	$48K	10x
Variational Omni S	−0.1020%	4h	$618K	$121K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0378% / S +0.0350%	1h	$1K	—	100x	as long as short
Orderly PERP_S_USDC	−0.0196%	4h	$104K	$334K	10x	as long as short
Reya SRUSDPERP	−0.0101%	1h	$4	—	15x	as long as short
Aster SUSDT	−0.0075%	4h	$47K	$262K	10x	as long as short
Deribit S_USDC-PERPETUAL	−0.0003%	1h	$66K	$12K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	$608	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	$2K	$161K	12x	as long as short
Lighter S	+0.0096%	1h	$166K	$335K	5x	as long as short
Hyperliquid S	+0.0100%	1h	$1.1M	$1.5M	5x	as long as short
Binance SUSDT	+0.0100%	4h	$5.4M	$40.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	$5.7M	$9.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	$1.0M	$12.7M	20x	as long as short
Gate S_USDT	+0.0100%	4h	$329K	$407K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	$3.5M	$3.5M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	$1.8M	$3.9M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	$1.2M	$4.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	$25K	$500K	50x	as long as short
Extended S-USD	+0.0104%	1h	$222K	$946K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	$291K	$268K	75x	as long as short
Backpack S_USDC_PERP	+0.0343%	1h	$115K	$216K	5x	as long as short