Funding you earn now, next payment 04:00 UTC+0.2958%/8h= +323.9% APRpaid last 24h +1.955%
Price spread now: Kraken Futures against Binance−0.197%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
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.197% cheaper against Binance than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 5 hours of funding at the current rate (+$89 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALCHUSDT | 0.05129 | 0.0954 | pay 0.0477% / 4h | 46m 11s | $6.1M | $27.3M | 10x |
| Short | Kraken Futures PF_ALCHUSD | 0.05119 | 0.3912 | get 0.0489% / 1h | 46m 11s | $12K | $33K | 10x |
Binance ALCHUSDT
Kraken Futures PF_ALCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $621.09
- Price spread: −0.197% → 0.000%
- −$19.7
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $581.39
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.92 bp | 48.3 bp −$48 | 413.2 bp −$4,132 | 1165.1 bp −$116.5K | 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.
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05117 | −0.234% | $3.0M | $6.1M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05130 | +0.019% | $290K | $684K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05129 | 0.000% | $943K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05124 | −0.096% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0916% | 4h | 0.05136 | +0.127% | $13K | $106K | 5x | as long as short |
| MEXC ALCH_USDT | +0.0954% | 4h | 0.05130 | +0.019% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDTlong | +0.0954% | 4h | 0.05129 | long leg | $6.1M | $27.3M | 10x | |
| BingX ALCH-USDT | +0.0970% | 4h | 0.05126 | −0.058% | — | $6.7M | — | as long as short |
| BloFin ALCH-USDT | +0.0985% | 4h | 0.05131 | +0.039% | $400K | $113K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1272% | 4h | 0.05127 | −0.039% | $1.2M | $274K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
MEXC ALCH_USDT
BingX ALCH-USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.3912% | 1h | 0.05119 | −0.197% | $12K | $33K | 10x |