Funding you earn now, next payment 00:00 UTC+0.1054%/8h= +115.4% APRpaid last 24h +0.318%
Price spread now: Binance against Kraken Futures+0.026%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$32 a day on $10k at the current rate, and Binance is 0.026% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.008978 | −0.0954 | get 0.0119% / 1h | 29m 44s | $22K | $1K | 10x |
| Short | Binance BBUSDT | 0.008981 | 0.0100 | get 0.0050% / 4h | 29m 44s | $3.2M | $6.6M | 50x |
Kraken Futures PF_BBUSD
Binance BBUSDTFunding 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
- $221.3
- Price spread: +0.026% → 0.000%
- $2.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $203.91
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 9 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, 9 min ago | 0.56 bp | 34.2 bp −$34 | 126.6 bp −$1,266 | 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.
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_BBUSDlong | −0.0954% | 1h | 0.008978 | long leg | $22K | $1K | 10x | |
| Aster BBUSDT | +0.0100% | 4h | 0.008970 | −0.094% | $12K | $13K | 5x | as long as short |
| Binance BBUSDTshort | +0.0100% | 4h | 0.008981 | +0.026% | $3.2M | $6.6M | 50x | |
| Bybit BBUSDT | +0.0100% | 4h | 0.008989 | +0.121% | $680K | $756K | 25x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.008990 | +0.132% | $127K | $200K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.008979 | +0.009% | $1.5M | $583K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.008980 | +0.020% | $442K | $80K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.008980 | +0.020% | $313K | $448K | 50x | as long as short |
| BingX BB-USDT | +0.0100% | 4h | 0.008988 | +0.109% | — | $1.3M | — | as long as short |
Aster BBUSDT
Bybit BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT