Funding you earn now, next payment 03:00 UTC+0.1909%/8h= +209.0% APRnext payment +$2.39 per $10,000 · paid last 24h +0.876%
Price spread now: Kraken Futures against Injective+4.514%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and Kraken Futures is 4.514% dearer against Injective than usual: you sell high and buy low: +$451 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NOT/USDC PERP | 0.0004874 | 0.0033 | pay 0.0004% / 1h | 6m 40s | $1K | $13K | 5.5x |
| Short | Kraken Futures PF_NOTUSD | 0.0005094 | 0.1942 | get 0.0243% / 1h | 6m 40s | $50K | $9K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $400.86
- Price spread: +4.514% → 0.000%
- $451.42
- 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
- $842.26
- Costs to cover
- 0.100%
- Break-even
- from the start
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.
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0425% | 4h | 0.0005079 | +4.196% | $72K | $39K | — | as long as short |
| KuCoin NOTUSDTM | −0.0272% | 4h | 0.0005060 | +3.816% | $466K | $129K | 50x | as long as short |
| Injective NOT/USDC PERPlong | +0.0033% | 1h | 0.0004874 | long leg | $1K | $13K | 5.5x | |
| Bybit NOTUSDT | +0.0057% | 4h | 0.0005063 | +3.878% | $2.1M | $851K | 25x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005078 | +4.192% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005070 | +4.021% | $370K | $51K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005070 | +4.017% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005068 | +3.986% | $2.1M | $3.1M | 50x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005062 | +3.857% | $633K | $645K | 20x | as long as short |
| Gate NOT_USDT | +0.0100% | 4h | 0.0005066 | +3.939% | $143K | $68K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005068 | +3.980% | $1.3M | $442K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005071 | +4.042% | $672K | $408K | 50x | as long as short |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005061 | +3.837% | — | $724K | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005066 | +3.939% | $4K | $491 | 5x | as long as short |
| BloFin NOT-USDT | +0.0152% | 4h | 0.0005078 | +4.185% | $112K | $16K | 50x | as long as short |
| Kraken Futures PF_NOTUSDshort | +0.1942% | 1h | 0.0005094 | +4.514% | $50K | $9K | 10x |
Injective NOT/USDC PERP
Kraken Futures PF_NOTUSD
Variational Omni NOT
KuCoin NOTUSDTM
Bybit NOTUSDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDC
Extended kNOT-USD
BloFin NOT-USDT