IO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+2.0294%/8h= +2222.2% APRnext payment +$25.37 per $10,000 · paid last 24h +4.645%

Price spread now: Kraken Futures against Injective−0.824%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.824% cheaper against Injective than usual: you would sell low and buy high (spread −0.824% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$82 on $10k: about 3 hours of funding at the current rate (+$609 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective IO/USDC PERP	0.1509	0.1587	pay 0.0198% / 1h	40m 39s	$2K	$199	5.5x
Short	Kraken Futures PF_IOUSD	0.1497	2.1881	get 0.2735% / 1h	40m 39s	$39K	$18K	10x

Funding 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 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.824%Rate

Funding earned: $4,261.72
Price spread: −0.824% → 0.000%: −$82.4
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: $4,169.3
Costs to cover: 0.100%
Break-even: 0.2 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective and 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
Hyperliquid IO	+0.0100%	1h	0.1499	−0.689%	$1.0M	$387K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1498	−0.761%	$6K	$32K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1499	−0.640%	$3.0M	$6.7M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1495	−0.921%	$1.1M	$914K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1498	−0.742%	$234K	$541K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1498	−0.729%	$1.1M	$228K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1499	−0.663%	$357K	$683K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1500	−0.596%	$1.3M	$1.2M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1499	−0.663%	—	$1.3M	—	as long as short
Variational Omni IO	+0.0100%	4h	0.1499	−0.678%	$30K	$11K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IO-USD	+0.0104%	1h	0.1499	−0.645%	$2K	$126K	5x	as long as short
BloFin IO-USDT	+0.0158%	4h	0.1508	−0.066%	$193K	$33K	50x	as long as short
Injective IO/USDC PERPlong	+0.1587%	1h	0.1509	long leg	$2K	$199	5.5x
Kraken Futures PF_IOUSDshort	+2.1881%	1h	0.1497	−0.824%	$39K	$18K	10x