Funding you earn now, next payment 08:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.65 per $10,000 · paid last 24h −0.042%
Price spread now: Kraken Futures against Extended−0.163%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Kraken Futures is 0.163% cheaper against Extended than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 25 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOON-USD | 0.1960 | 0.0256 | pay 0.0032% / 1h | 11m 32s | $6K | $185K | 5x |
| Short | Kraken Futures PF_SOONUSD | 0.1957 | 0.0772 | get 0.0097% / 1h | 11m 32s | $11K | $3K | 10x |
Extended SOON-USD
Kraken Futures PF_SOONUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $108.44
- Price spread: −0.163% → 0.000%
- −$16.34
- 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
- $77.1
- Costs to cover
- 0.150%
- Break-even
- 2.0 days
Slippage unknown: Extended: live order book, 24 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 Extended live order book, 24 min ago | 10.16 bp | 119.1 bp −$119 | 521.3 bp −$5,213 | 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.
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1961 | +0.043% | $1.8M | $3.6M | 50x | as long as short |
| Binance SOONUSDT | +0.0254% | 4h | 0.1961 | +0.027% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USDlong | +0.0256% | 1h | 0.1960 | long leg | $6K | $185K | 5x | |
| OKX SOON-USDT-SWAP | +0.0332% | 4h | 0.1963 | +0.129% | $2.0M | $518K | 20x | as long as short |
| Aster SOONUSDT | +0.0650% | 4h | 0.1961 | +0.031% | $191K | $3K | 5x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0772% | 1h | 0.1957 | −0.163% | $11K | $3K | 10x | |
| Gate SOON_USDT | +0.0800% | 4h | 0.1958 | −0.126% | $3.2M | $150K | 50x | as long as short |
| Bitget SOONUSDT | +0.0916% | 4h | 0.1961 | +0.027% | $9.2M | $318K | 25x | as long as short |
| Variational Omni SOON | +0.1609% | 4h | 0.1951 | −0.498% | $241K | $20K | — | as long as short |
| BingX SOON-USDT | +0.2084% | 4h | 0.1958 | −0.126% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2271% | 4h | 0.1952 | −0.432% | $2.5M | $1.3M | 25x | as long as short |
Bybit SOONUSDT