Funding you earn now, next payment 01:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.281%
Price spread now: Kraken Futures against Binance+0.034%7-day average +0.133% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.331%+$133 on $10k
+Price spread, last 3 days (all we have)+0.045%+$4 · spread now +0.034%, 7d avg +0.133%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.099% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.133%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.331%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BATUSDT | 0.08412 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $1.9M | $2.1M | 50x |
| Short | Kraken Futures PF_BATUSD | 0.08415 | −0.0341 | pay 0.0043% / 1h | 39m 49s | $115K | $17K | 10x |
Binance BATUSDT
Kraken Futures PF_BATUSDFunding 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
- −$92.67
- Price spread: +0.034% → +0.133%
- −$9.86
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$122.53
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Kraken Futures: live order book, 32 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 Binance live order book, 10 min ago | 3.57 bp | 18.1 bp −$18 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 16.05 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSDshort | −0.0341% | 1h | 0.08415 | +0.034% | $115K | $17K | 10x | |
| Binance BATUSDTlong | +0.0100% | 8h | 0.08412 | long leg | $1.9M | $2.1M | 50x | |
| Bybit BATUSDT | +0.0100% | 8h | 0.08417 | +0.059% | $1.1M | $448K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08408 | −0.048% | $533K | $468K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08415 | +0.036% | $84K | $53K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08410 | −0.024% | $876K | $625K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08430 | +0.214% | $265K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08415 | +0.036% | $685K | $187K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08415 | +0.036% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08419 | +0.080% | $114K | $78 | — | as long as short |
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0111% | 8h | 0.08415 | +0.036% | $99K | $22K | 50x | as long as short |
BloFin BAT-USDT