S

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1568%/8h= +171.6% APRnext payment +$1.96 per $10,000 · paid last 24h −1.948%

Price spread now: 01 Exchange against Kraken Futures−0.171%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 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. 01 Exchange is 0.171% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 9 hours of funding at the current rate (+$47 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUSD	0.03927	−0.1592	get 0.0199% / 1h	46m 14s	$33K	$30K	10x
Short	01 Exchange SUSD	0.03920	−0.0024	pay 0.0003% / 1h	46m 14s	$24K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now −0.171%Rate

Funding earned: $329.19
Price spread: −0.171% → 0.000%: −$17.09
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $295.1
Costs to cover: 0.170%
Break-even: 0.7 days

Slippage unknown: Kraken Futures: no order-book sample; 01 Exchange: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Kraken Futures and 01 Exchange: 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.

S on 25 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
Kraken Futures PF_SUSDlong	−0.1592%	1h	0.03927	long leg	$33K	$30K	10x
Coinbase International S-PERP-INTX	−0.1576%	1h	0.03826	−2.565%	$47K	$5K	25x	as long as short
Variational Omni S	−0.0836%	4h	0.03913	−0.358%	$609K	$34K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0194% / S +0.0187%	1h	0.03932	+0.135%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03924	−0.063%	$4	—	15x	as long as short
01 Exchange SUSDshort	−0.0024%	1h	0.03920	−0.171%	$24K	$2K	5x
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.03932	+0.135%	$66K	$10K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03931	+0.119%	$606	—	150x	as long as short
Orderly PERP_S_USDC	+0.0025%	4h	0.03928	+0.033%	$100K	$348K	10x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.413%	$2K	$37K	12x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SUSDT	+0.0051%	4h	0.03931	+0.101%	$43K	$212K	10x	as long as short
Lighter S	+0.0096%	1h	0.03930	+0.084%	$165K	$222K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03927	−0.003%	$986K	$787K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03924	−0.064%	$5.4M	$21.0M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03921	−0.145%	$5.6M	$6.0M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03927	+0.007%	$979K	$6.6M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03923	−0.094%	$321K	$265K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03924	−0.069%	$3.6M	$2.3M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03926	−0.018%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03928	+0.033%	$1.2M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03926	−0.018%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03930	+0.084%	$23K	$464K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03925	−0.041%	$221K	$881K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03934	+0.186%	$269K	$128K	75x	as long as short
Backpack S_USDC_PERP	+0.0386%	1h	0.03930	+0.084%	$114K	$302K	5x	as long as short