Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.055%
Price spread now: Kraken Futures against Binance+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 7 days−1.051%−$105 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. Kraken Futures is 0.026% dearer against Binance than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−1.051% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHZUSDT | 0.01607 | 0.0100 | pay 0.0100% / 8h | 5h 34m | $6.8M | $12.7M | 75x |
| Short | Kraken Futures PF_CHZUSD | 0.01607 | 0.0067 | get 0.0008% / 1h | 34m 46s | $73K | $63K | 25x |
Funding 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
- −$6.9
- Price spread: +0.026% → 0.000%
- $2.61
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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, 6 min ago | 3.12 bp | 16.1 bp −$16 | 34.5 bp −$345 | 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.
CHZ on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01603 | −0.269% | $3K | $652 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −2.054% | $1K | $7 | 5.5x | as long as short |
| Kraken Futures PF_CHZUSDshort | +0.0067% | 1h | 0.01607 | +0.026% | $73K | $63K | 25x | |
| Aster CHZUSDT | +0.0100% | 8h | 0.01607 | −0.030% | $21K | $20K | 10x | as long as short |
| Binance CHZUSDTlong | +0.0100% | 8h | 0.01607 | long leg | $6.8M | $12.7M | 75x | |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01604 | −0.187% | $4.1M | $1.4M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01606 | −0.062% | $1.6M | $3.1M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01606 | −0.062% | $324K | $336K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01607 | 0.000% | $4.4M | $908K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01605 | −0.124% | $722K | $155K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01606 | −0.062% | $3.8M | $810K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01606 | −0.062% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01601 | −0.362% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01602 | −0.311% | $45K | $671K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01608 | +0.062% | $280 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01605 | −0.124% | $53K | $82K | 20x | as long as short |
| BloFin CHZ-USDT | +0.0101% | 8h | 0.01606 | −0.062% | $330K | $27K | 75x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01608 | +0.036% | $4K | $359K | 10x | as long as short |
| GMX CHZ/USD [ETH-USDC] | L +0.0484% / S −0.0252% | 1h | 0.01607 | 0.000% | $8K | — | 50x | as long as short |
Binance CHZUSDT
Kraken Futures PF_CHZUSD
Injective CHZ/USDC PERP
Aster CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
BloFin CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]