Funding you earn now, next payment 05:00 UTC+0.0512%/8h= +56.1% APRpaid last 24h +0.159%
Price spread now: Kraken Futures against SunX+0.325%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.317%+$32 on $10k
+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 +$15 a day on $10k at the current rate, and Kraken Futures is 0.325% dearer against SunX than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% 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 | SunX RIVER-USDT | 1.2780 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $2K | $1.1M | 20x |
| Short | Kraken Futures PF_RIVERUSD | 1.2822 | 0.0612 | get 0.0077% / 1h | 26m 52s | $58K | $67K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $107.59
- Price spread: +0.325% → 0.000%
- $32.5
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $122.08
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 6 min ago | 496.68 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.
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 | 1.2810 | +0.235% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2800 | +0.156% | $2.5M | $3.5M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2833 | +0.413% | $43K | $4K | — | as long as short |
| SunX RIVER-USDTlong | +0.0100% | 4h | 1.2780 | long leg | $2K | $1.1M | 20x | |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2860 | +0.626% | $50K | $71K | 20x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0237% | 4h | 1.2810 | +0.235% | $2.1M | $4.0M | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0356% | 4h | 1.2820 | +0.310% | $30K | $459K | 10x | as long as short |
| Bybit RIVERUSDT | +0.0433% | 4h | 1.2790 | +0.078% | $3.9M | $1.8M | 25x | as long as short |
| BloFin RIVER-USDT | +0.0462% | 4h | 1.2830 | +0.391% | $412K | $33K | 50x | as long as short |
| Bitget RIVERUSDT | +0.0472% | 4h | 1.2810 | +0.235% | $3.1M | $2.2M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance RIVERUSDT | +0.0488% | 4h | 1.2810 | +0.235% | $6.1M | $11.3M | 50x | as long as short |
| MEXC RIVER_USDT | +0.0492% | 4h | 1.2810 | +0.235% | $3.7M | $1.6M | 50x | as long as short |
| Kraken Futures PF_RIVERUSDshort | +0.0612% | 1h | 1.2822 | +0.325% | $58K | $67K | 10x | |
| BingX RIVER-USDT | +0.0672% | 4h | 1.2810 | +0.235% | — | $6.8M | — | as long as short |
| Gate RIVER_USDT | +0.0794% | 4h | 1.2810 | +0.235% | $431K | $103K | 20x | as long as short |
| Aster RIVERUSDT | +0.0843% | 4h | 1.2810 | +0.235% | $73K | $27K | 10x | as long as short |
SunX RIVER-USDT
Kraken Futures PF_RIVERUSD
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
HTX RIVER-USDT
OKX RIVER-USDT-SWAP
GRVT RIVER_USDT_Perp
Bybit RIVERUSDT
BloFin RIVER-USDT
Bitget RIVERUSDT
Binance RIVERUSDT
MEXC RIVER_USDT
BingX RIVER-USDT
Gate RIVER_USDT
Aster RIVERUSDT