Funding you earn now, next payment 03:00 UTC+2.3413%/8h= +2563.8% APRnext payment +$29.27 per $10,000 · paid last 24h +3.617%
Price spread now: Kraken Futures against Extended−0.244%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Kraken Futures is 0.244% cheaper against Extended than usual: you would sell low and buy high (spread −0.244% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about under an hour of funding at the current rate (+$702 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IO-USD | 0.1514 | 0.0104 | pay 0.0013% / 1h | 4m 54s | $2K | $130K | 5x |
| Short | Kraken Futures PF_IOUSD | 0.1510 | 2.3517 | get 0.2940% / 1h | 4m 54s | $39K | $18K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $4,916.8
- Price spread: −0.244% → 0.000%
- −$24.42
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4,877.38
- Costs to cover
- 0.150%
- Break-even
- 0.1 days
Slippage unknown: Extended: live order book, 56 min ago; 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 Extended live order book, 56 min ago | 6.27 bp | 68.1 bp −$68 | 511.0 bp −$5,110 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.0430% | 1h | 0.1530 | +1.061% | $2K | $202 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1516 | +0.116% | $1.0M | $376K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1514 | +0.021% | $23K | $49K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1515 | +0.038% | $3.0M | $6.6M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1513 | −0.062% | $1.1M | $914K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1512 | −0.115% | $233K | $565K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1513 | −0.062% | $1.2M | $229K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1513 | −0.062% | $353K | $654K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1516 | +0.136% | $1.3M | $1.3M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1514 | +0.004% | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1510 | −0.280% | $33K | $13K | — | as long as short |
| Extended IO-USDlong | +0.0104% | 1h | 0.1514 | long leg | $2K | $130K | 5x | |
| BloFin IO-USDT | +0.0105% | 4h | 0.1516 | +0.136% | $193K | $39K | 50x | as long as short |
| Kraken Futures PF_IOUSDshort | +2.3517% | 1h | 0.1510 | −0.244% | $39K | $18K | 10x |
Extended IO-USD
Kraken Futures PF_IOUSD
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDT
Variational Omni IO
BloFin IO-USDT