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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1840%/8h= +201.5% APRnext payment +$2.30 per $10,000 · paid last 24h +0.919%
Price spread now: Kraken Futures against Extended+0.047%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and Kraken Futures is 0.047% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050270.0104pay 0.0013% / 1h59m 25s$4K5x
ShortKraken Futures PF_NOTUSD0.00050290.1944get 0.0243% / 1h59m 25s$49K$7K10x

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
$386.49
Price spread: +0.047% → 0.000%
$4.67
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
$376.16
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Kraken Futures no order-book sample
Extended 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.

NOT on 16 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
Variational Omni NOT−0.0014%4h0.0005022−0.104%$71K$38Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.041%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0093%4h0.0005034+0.142%$109K$18K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005039+0.234%$11K$6K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005020−0.136%$337K$64K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005024−0.059%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005025−0.037%$2.1M$2.9M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005019−0.156%$2.1M$817K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005028+0.023%$640K$657K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005030+0.063%$139K$53K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005022−0.096%$1.4M$444K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005021−0.116%$479K$131K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005029+0.043%$674K$453K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005027+0.003%$732Kas long as short
Extended kNOT-USDlong+0.0104%1h0.0005027long leg$4K5x
Kraken Futures PF_NOTUSDshort+0.1944%1h0.0005029+0.047%$49K$7K10x