Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.043%
Price spread now: Kraken Futures against SoDEX+0.072%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
The price spread pays, funding is against you. Kraken Futures is 0.072% dearer against SoDEX than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX FIL-USD | 0.9949 | 0.0100 | pay 0.0013% / 1h | 14m 02s | $473 | $11K | 5x |
| Short | Kraken Futures PF_FILUSD | 0.9956 | 0.0067 | get 0.0008% / 1h | 14m 02s | $1.4M | $2.2M | 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
- −$6.99
- Price spread: +0.072% → 0.000%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$17.78
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 5 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, 5 min ago | 5.02 bp | 13.9 bp −$14 | 32.9 bp −$329 | 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.
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0553% | 1h | 0.9954 | +0.050% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9947 | −0.020% | $357K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9950 | +0.013% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9954 | +0.045% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0004% | 8h | 0.9950 | +0.010% | $18.3M | $106.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9949 | 0.000% | $7.3M | $7.8M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.945% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0067% | 1h | 0.9956 | +0.072% | $1.4M | $2.2M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9947 | −0.023% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9954 | +0.046% | $8.4M | $9.4M | 5x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9954 | +0.054% | $508K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9951 | +0.020% | $57.0M | $184.9M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9949 | 0.000% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9946 | −0.030% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9945 | −0.040% | $235K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9953 | +0.040% | $11.2M | $20.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9947 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9951 | +0.018% | $450K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9962 | +0.131% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9964 | +0.151% | $296K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9960 | +0.111% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9959 | +0.103% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | +0.010% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USDlong | +0.0100% | 1h | 0.9949 | long leg | $473 | $11K | 5x | |
| HTX FIL-USDT | +0.0100% | 8h | 0.9955 | +0.060% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.090% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9948 | −0.009% | $700K | $1.7M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9947 | −0.020% | $2.7M | $713K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0585% / S −0.0256% | 1h | 0.9950 | +0.010% | $266K | — | 100x | as long as short |
SoDEX FIL-USD
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]