EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.020%

Price spread now: Kraken Futures against Injective−0.114%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.114% cheaper against Injective than usual: you would sell low and buy high (−$11 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	Injective EURUSD/USDC PERP	1.1466	0.0033	pay 0.0004% / 1h	3m 16s	$9K	$78K	101x
Short	Kraken Futures PF_EURUSD	1.1453	−0.0020	pay 0.0003% / 1h	3m 16s	$3K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$11.28
Price spread: −0.114% → 0.000%: −$11.44
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$32.74
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Kraken Futures: 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective and Kraken Futures: 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.

EUR on 18 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
MEXC EUR_USDT	−0.0182%	4h	1.1458	−0.073%	$6.8M	$139K	100x	as long as short
Kraken Futures PF_EURUSDshort	−0.0020%	1h	1.1453	−0.114%	$3K	—	50x
Bybit EURUSDUSDT	0.0000%	8h	1.1475	+0.071%	$579K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1464	−0.021%	$143K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1471	+0.040%	$263K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1452	−0.126%	$246K	$122K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1462	−0.038%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1463	−0.030%	$12K	$272K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1452	−0.123%	$6.8M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERPlong	+0.0033%	1h	1.1466	long leg	$9K	$78K	101x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1485	+0.158%	—	$224K	100x	as long as short
Nado EURUSD-PERP	+0.0052%	1h	1.1455	−0.101%	$466K	$158K	40x	as long as short
Lighter EURUSD	+0.0064%	1h	1.1458	−0.078%	$2.1M	$511K	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1454	−0.108%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1455	−0.099%	$12K	—	10x	as long as short
tradeXYZ xyz:EUR	+0.0227%	1h	1.1462	−0.038%	$23.2M	$1.7M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0240%	1h	1.1463	−0.030%	$33K	—	50x	as long as short
Hibachi EUR/USDT-P	+0.0256%	1h	1.1458	−0.070%	$169K	$8.4M	30x	as long as short