Funding you earn now, next payment 00:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h +0.340%
Price spread now: Binance against Kraken Futures+0.406%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−0.766%−$77 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.406% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.406% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARCUSD | 0.07865 | 0.1052 | pay 0.0131% / 1h | 56m 12s | $51K | $83K | 20x |
| Short | Binance ARCUSDT | 0.07897 | 0.0367 | get 0.0184% / 4h | 56m 12s | $24.5M | $7.3M | 20x |
Kraken Futures PF_ARCUSD
Binance ARCUSDTFunding 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
- −$143.71
- Price spread: +0.406% → 0.000%
- $40.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$123.14
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 15 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, 15 min ago | 3.21 bp | 53.1 bp −$53 | 193.9 bp −$1,939 | 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.
ARC on 12 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 ARC | +0.0096% | 1h | 0.07883 | +0.229% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07881 | +0.202% | $3.1M | $323K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07885 | +0.253% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0106% | 4h | 0.07877 | +0.156% | $1.3M | $1.8M | 20x | as long as short |
| Binance ARCUSDTshort | +0.0367% | 4h | 0.07897 | +0.406% | $24.5M | $7.3M | 20x | |
| Extended ARC-USD | +0.0368% | 1h | 0.07896 | +0.397% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0418% | 4h | 0.07847 | −0.230% | $1.2M | $58K | 20x | as long as short |
| Bitget ARCUSDT | +0.0560% | 4h | 0.07896 | +0.393% | $1.7M | $552K | 10x | as long as short |
| Aster ARCUSDT | +0.0837% | 4h | 0.07884 | +0.240% | $20K | $16K | 5x | as long as short |
| BingX ARC-USDT | +0.0992% | 4h | 0.07906 | +0.520% | — | $1.7M | — | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Extended ARC-USD
BloFin ARC-USDT
Bitget ARCUSDT
Aster ARCUSDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSDlong | +0.1052% | 1h | 0.07865 | long leg | $51K | $83K | 20x | |
| Bybit ARCUSDT | +0.1146% | 4h | 0.07893 | +0.355% | $2.7M | $4.5M | 13x | as long as short |
Bybit ARCUSDT