Funding you earn now, next payment 11:00 UTC+0.0256%/8h= +28.1% APRnext payment +$0.32 per $10,000 · paid last 24h +0.013%
Price spread now: Kraken Futures against Injective−0.568%63s7-day average −1.705% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+2.057%+$206 · spread now −0.568%, 7d avg −1.705%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 1.137% dearer against Injective than usual: you sell high and buy low: +$114 more if the spread goes back to its 7-day average of −1.705%. Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FIL/USDC PERP | 0.9855 | 0.0033 | pay 0.0004% / 1h | 47m 51s | $2K | $240K | 12x |
| Short | Kraken Futures PF_FILUSD | 0.9799 | 0.0290 | get 0.0036% / 1h | 47m 51s | $1.3M | $2.1M | 50x |
Injective FIL/USDC PERP
Kraken Futures PF_FILUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.84
- Price spread: −0.568% → −1.705%
- $113.72
- 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
- $157.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 4 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 3.57 bp | 15.7 bp −$16 | 29.4 bp −$294 | doesn't fit | doesn't fit |
Injective: 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.
FIL on 29 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0200% | 1h | 0.9797 | −0.589% | $333K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9795 | −0.610% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9789 | −0.672% | $57K | $923 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9800 | −0.558% | $168K | $7K | 25x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| Bybit FILUSDT | +0.0084% | 8h | 0.9801 | −0.548% | $15.2M | $18.1M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9799 | −0.569% | $143K | $249K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9808 | −0.475% | $7.8M | $3.2M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9809 | −0.467% | $500K | $300K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9804 | −0.518% | $56.7M | $157.1M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9800 | −0.558% | $17.1M | $92.6M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9804 | −0.518% | $8.1M | $14.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9794 | −0.619% | $225K | $90K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9803 | −0.528% | $7.1M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9803 | −0.528% | $11.4M | $17.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9802 | −0.538% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9798 | −0.578% | $442K | $268K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9800 | −0.553% | $44K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9820 | −0.353% | $292K | $1.8M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9810 | −0.457% | $23K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9807 | −0.490% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | −0.660% | $3K | $994K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9795 | −0.609% | $472 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9806 | −0.497% | $624K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.660% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9805 | −0.512% | $690K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9792 | −0.639% | $2.7M | $610K | 75x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0290% | 1h | 0.9799 | −0.568% | $1.3M | $2.1M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0593% / S −0.0280% | 1h | 0.9797 | −0.590% | $262K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]