ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.3204%/8h= −350.8% APRnext payment −$4.00 per $10,000 · paid last 24h +1.153%

Price spread now: Kraken Futures against dYdX−0.185%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 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 −$96 a day on $10k at the current rate, and Kraken Futures is 0.185% cheaper against dYdX than usual: you would sell low and buy high (−$19 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	dYdX ATH-USD	0.005515	0	get 0.0000% / 1h	29m 13s	$11K	$57	5x
Short	Kraken Futures PF_ATHUSD	0.005505	−0.3204	pay 0.0400% / 1h	29m 13s	$19K	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now −0.185%Rate

Funding earned: −$672.79
Price spread: −0.185% → 0.000%: −$18.53
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$711.32
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 33 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 dYdX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 33 min ago	16.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

dYdX: 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.

ATH on 13 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
Kraken Futures PF_ATHUSDshort	−0.3204%	1h	0.005505	−0.185%	$19K	$106K	10x
Variational Omni ATH	−0.0089%	4h	0.005505	−0.173%	$185K	$93K	—	as long as short
dYdX ATH-USDlong	0.0000%	1h	0.005515	long leg	$11K	$57	5x
Aster ATHUSDT	+0.0100%	4h	0.005515	+0.001%	$5K	$41K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005513	−0.034%	$3.3M	$4.1M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005501	−0.252%	$4.3M	$2.5M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005500	−0.270%	$702K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005506	−0.161%	$787K	$562K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005512	−0.053%	$8.9M	$629K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005509	−0.107%	$558K	$77K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005509	−0.107%	$1.5M	$847K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005508	−0.125%	—	$21.7M	—	as long as short
BloFin ATH-USDT	+0.0104%	4h	0.005527	+0.219%	$168K	$73K	75x	as long as short