Settings8H · net · $10k
Funding arb · Price arb /

IO

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IO-USD0.15140.0104pay 0.0013% / 1h4m 54s$2K$130K5x
ShortKraken Futures PF_IOUSD0.15102.3517get 0.2940% / 1h4m 54s$39K$18K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 56 min ago6.27 bp68.1 bp −$68511.0 bp −$5,110doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IO/USDC PERP−0.0430%1h0.1530+1.061%$2K$2025.5xas long as short
Hyperliquid IO+0.0100%1h0.1516+0.116%$1.0M$376K3xas long as short
Aster IOUSDT+0.0100%4h0.1514+0.021%$23K$49K5xas long as short
Binance IOUSDT+0.0100%4h0.1515+0.038%$3.0M$6.6M50xas long as short
Bybit IOUSDT+0.0100%4h0.1513−0.062%$1.1M$914K25xas long as short
Gate IO_USDT+0.0100%4h0.1512−0.115%$233K$565K50xas long as short
MEXC IO_USDT+0.0100%4h0.1513−0.062%$1.2M$229K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.1513−0.062%$353K$654K50xas long as short
Bitget IOUSDT+0.0100%4h0.1516+0.136%$1.3M$1.3M50xas long as short
BingX IO-USDT+0.0100%4h0.1514+0.004%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IO+0.0100%4h0.1510−0.280%$33K$13Kas long as short
Extended IO-USDlong+0.0104%1h0.1514long leg$2K$130K5x
BloFin IO-USDT+0.0105%4h0.1516+0.136%$193K$39K50xas long as short
Kraken Futures PF_IOUSDshort+2.3517%1h0.1510−0.244%$39K$18K10x