Funding you earn now, next payment 09:00 UTC−0.1282%/8h= −140.4% APRpaid last 24h −0.193%
Price spread now: Kraken Futures against Binance−0.187%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 −$38 a day on $10k at the current rate, and Kraken Futures is 0.187% cheaper against Binance than usual: you would sell low and buy high (−$19 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 | Binance BBUSDT | 0.009040 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $3.3M | $7.0M | 50x |
| Short | Kraken Futures PF_BBUSD | 0.009023 | −0.1182 | pay 0.0148% / 1h | 39m 54s | $21K | $3K | 10x |
Binance BBUSDT
Kraken Futures PF_BBUSDFunding 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
- −$269.19
- Price spread: −0.187% → 0.000%
- −$18.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$307.88
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 14 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, 14 min ago | 3.31 bp | 31.7 bp −$32 | 221.9 bp −$2,219 | 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.
BB on 9 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_BBUSDshort | −0.1182% | 1h | 0.009023 | −0.187% | $21K | $3K | 10x | |
| Aster BBUSDT | +0.0100% | 4h | 0.009047 | +0.077% | $14K | $13K | 5x | as long as short |
| Binance BBUSDTlong | +0.0100% | 4h | 0.009040 | long leg | $3.3M | $7.0M | 50x | |
| Bybit BBUSDT | +0.0100% | 4h | 0.009042 | +0.022% | $681K | $813K | 25x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009060 | +0.221% | $134K | $226K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009040 | 0.000% | $1.4M | $542K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009050 | +0.111% | $439K | $100K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009050 | +0.111% | $334K | $521K | 50x | as long as short |
| BingX BB-USDT | +0.0100% | 4h | 0.009055 | +0.166% | — | $1.3M | — | as long as short |
Aster BBUSDT
Bybit BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT