Funding you earn now, next payment 22:00 UTC+0.0381%/8h= +41.7% APRpaid last 24h +0.111%
Price spread now: Kraken Futures against HTX−0.308%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.224%+$22 on $10k
+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 0.308% cheaper against HTX than usual: you would sell low and buy high (spread −0.308% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 2.7 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.224% in total) that is about 9.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.224% in total (about 11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX RIVER-USDT | 1.2690 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $48K | $95K | 20x |
| Short | Kraken Futures PF_RIVERUSD | 1.2651 | 0.0481 | get 0.0060% / 1h | 4m 27s | $56K | $58K | 10x |
HTX RIVER-USDT
Kraken Futures PF_RIVERUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against HTX. 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
- $80.01
- Price spread: −0.308% → 0.000%
- −$30.8
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $27.21
- Costs to cover
- 0.220%
- Break-even
- 4.6 days
Slippage unknown: HTX: 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 HTX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
HTX 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.
RIVER 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2650 | −0.315% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2640 | −0.394% | $2.0M | $3.7M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2630 | −0.473% | $2.4M | $2.0M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2620 | −0.552% | $2K | $946K | 20x | as long as short |
| HTX RIVER-USDTlong | +0.0100% | 4h | 1.2690 | long leg | $48K | $95K | 20x | |
| GRVT RIVER_USDT_Perp | +0.0162% | 4h | 1.2680 | −0.079% | $31K | $429K | 10x | as long as short |
| Gate RIVER_USDT | +0.0190% | 4h | 1.2650 | −0.315% | $419K | $108K | 20x | as long as short |
| Bitget RIVERUSDT | +0.0202% | 4h | 1.2660 | −0.236% | $3.0M | $1.9M | 20x | as long as short |
| Kraken Futures PF_RIVERUSDshort | +0.0481% | 1h | 1.2651 | −0.308% | $56K | $58K | 10x | |
| Aster RIVERUSDT | +0.0597% | 4h | 1.2652 | −0.301% | $73K | $29K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
SunX RIVER-USDT
GRVT RIVER_USDT_Perp
Gate RIVER_USDT
Bitget RIVERUSDT
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0613% | 4h | 1.2655 | −0.276% | $6.0M | $10.3M | 50x | as long as short |
| MEXC RIVER_USDT | +0.0614% | 4h | 1.2650 | −0.315% | $3.6M | $1.5M | 50x | as long as short |
| BloFin RIVER-USDT | +0.0622% | 4h | 1.2660 | −0.236% | $416K | $35K | 50x | as long as short |
| Variational Omni RIVER | +0.1068% | 4h | 1.2649 | −0.320% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1524% | 4h | 1.2650 | −0.315% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1560% | 4h | 1.2650 | −0.315% | $3.8M | $1.7M | 25x | as long as short |
Binance RIVERUSDT
MEXC RIVER_USDT
BloFin RIVER-USDT
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT