Funding you earn now, next payment 01:00 UTC+0.0641%/8h= +70.2% APRnext payment +$0.80 per $10,000 · paid last 24h +0.064%
Price spread now: Kraken Futures against SoDEX+0.152%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.152% dearer against SoDEX than usual: you sell high and buy low: +$15 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 | SoDEX VIRTUAL-USD | 0.7289 | 0.0100 | pay 0.0013% / 1h | 50m 02s | $1K | $9K | 5x |
| Short | Kraken Futures PF_VIRTUALUSD | 0.7301 | 0.0741 | get 0.0093% / 1h | 50m 02s | $606K | $623K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- $134.67
- Price spread: +0.152% → 0.000%
- $15.17
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $131.84
- Costs to cover
- 0.180%
- Break-even
- 0.1 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 23 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 23 min ago | 10.97 bp | 23.3 bp −$23 | 49.5 bp −$495 | doesn't fit | doesn't fit |
SoDEX: 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.
VIRTUAL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0435% | 1h | 0.7290 | +0.007% | $15K | $40K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7303 | +0.180% | $24 | — | 10x | as long as short |
| Phoenix VIRTUAL | −0.0109% | 1h | 0.7348 | +0.801% | $12K | $40K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0088% | 1h | 0.7309 | +0.268% | $2K | $131 | 10x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0010% | 1h | 0.7300 | +0.147% | $9K | — | 150x | as long as short |
| Lighter VIRTUAL | +0.0032% | 1h | 0.7285 | −0.067% | $331K | $414K | 5x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −2.366% | $46 | $88K | 5.5x | as long as short |
| Gate VIRTUAL_USDT | +0.0078% | 4h | 0.7311 | +0.295% | $1.5M | $2.9M | 75x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0088% | 4h | 0.7287 | −0.034% | $14K | $1.5M | 10x | as long as short |
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7293 | +0.046% | $199K | $105K | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7311 | +0.291% | $72K | $45K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7309 | +0.270% | $16.9M | $39.5M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7310 | +0.281% | $16.4M | $17.0M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7310 | +0.281% | $2.9M | $9.6M | 20x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7312 | +0.309% | $18.5M | $4.1M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7314 | +0.336% | $4.4M | $4.1M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7315 | +0.350% | $6.4M | $5.6M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7310 | +0.281% | — | $8.2M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7314 | +0.336% | $248K | $168K | 10x | as long as short |
| Variational Omni VIRTUAL | +0.0100% | 4h | 0.7306 | +0.231% | $548K | $893K | — | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7334 | +0.616% | $19K | $258K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7337 | +0.651% | $651K | $927K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7338 | +0.665% | $40K | $244K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7314 | +0.332% | $51K | $1.1M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7295 | +0.075% | $2K | $1.3M | 20x | as long as short |
| SoDEX VIRTUAL-USDlong | +0.0100% | 1h | 0.7289 | long leg | $1K | $9K | 5x | |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7308 | +0.247% | $58K | $249K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7292 | +0.029% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0137% | 1h | 0.7321 | +0.435% | $9.1M | $4.0M | 5x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0300% / S −0.0228% | 1h | 0.7297 | +0.105% | $31K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7310 | +0.281% | $821K | $847K | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0448% | 1h | 0.7366 | +1.049% | $200K | $94K | 50x | as long as short |
| Kraken Futures PF_VIRTUALUSDshort | +0.0741% | 1h | 0.7301 | +0.152% | $606K | $623K | 50x |
SoDEX VIRTUAL-USD
Kraken Futures PF_VIRTUALUSD
Deribit VIRTUAL_USDC-PERPETUAL
Phoenix VIRTUAL
01 Exchange VIRTUALUSD
gTrade (Gains Network) VIRTUAL/USD
Lighter VIRTUAL
Injective VIRTUAL/USDC PERP
Gate VIRTUAL_USDT
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
Bybit VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
MEXC VIRTUAL_USDT
KuCoin VIRTUALUSDTM
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
Variational Omni VIRTUAL
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
Extended VIRTUAL-USD
Hyperliquid VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX