Funding you earn now, next payment 06:00 UTC−0.0731%/8h= −80.1% APRpaid last 24h −0.327%
Price spread now: Binance against Kraken Futures−0.146%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
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.146% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALICEUSD | 0.1443 | 0.0831 | pay 0.0104% / 1h | 36m 07s | $33K | $4K | 10x |
| Short | Binance ALICEUSDT | 0.1440 | 0.0100 | get 0.0050% / 4h | 2h 36m | $2.3M | $2.8M | 50x |
Kraken Futures PF_ALICEUSD
Binance ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$153.59
- Price spread: −0.146% → 0.000%
- −$14.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$188.16
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 14 min ago. 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 Binance live order book, 14 min ago | 3.45 bp | 19.8 bp −$20 | 97.4 bp −$974 | doesn't fit | doesn't fit |
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.
ALICE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ALICEUSDT | +0.0100% | 4h | 0.1440 | −0.156% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDTshort | +0.0100% | 4h | 0.1440 | −0.146% | $2.3M | $2.8M | 50x | |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1441 | −0.105% | $549K | $121K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1441 | −0.105% | $422K | $44K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1440 | −0.175% | $986K | $118K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1441 | −0.105% | — | $1.3M | — | as long as short |
| BloFin ALICE-USDT | +0.0142% | 4h | 0.1441 | −0.105% | $157K | $13K | 50x | as long as short |
| Variational Omni ALICE | +0.0148% | 8h | 0.1443 | +0.025% | $476 | $477 | — | as long as short |
| Gate ALICE_USDT | +0.0335% | 8h | 0.1440 | −0.175% | $90K | $94K | 25x | as long as short |
| Bybit ALICEUSDT | +0.0572% | 8h | 0.1442 | −0.036% | $653K | $187K | 25x | as long as short |
Aster ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
BloFin ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDT
Bybit ALICEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSDlong | +0.0831% | 1h | 0.1443 | long leg | $33K | $4K | 10x |