Funding you earn now, next payment 05:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +1.052%
Price spread now: Binance against Kraken Futures+0.034%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 $0 a day on $10k at the current rate, and Binance is 0.034% 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_CYBERUSD | 0.3317 | 0.0089 | pay 0.0011% / 1h | 30m 33s | $10K | $4K | 10x |
| Short | Binance CYBERUSDT | 0.3318 | 0.0100 | get 0.0050% / 4h | 3h 30m | $1.7M | $2.4M | 50x |
Kraken Futures PF_CYBERUSD
Binance CYBERUSDTFunding 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
- $2.28
- Price spread: +0.034% → 0.000%
- $3.38
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.33
- Costs to cover
- 0.200%
- Break-even
- 50.9 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 4 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, 4 min ago | 3.01 bp | 29.9 bp −$30 | 142.9 bp −$1,429 | 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.
CYBER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CYBER-USDT | +0.0063% | 4h | 0.3319 | +0.064% | $111K | $3K | 50x | as long as short |
| Kraken Futures PF_CYBERUSDlong | +0.0089% | 1h | 0.3317 | long leg | $10K | $4K | 10x | |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3312 | −0.142% | $14K | $4K | 5x | as long as short |
| Binance CYBERUSDTshort | +0.0100% | 4h | 0.3318 | +0.034% | $1.7M | $2.4M | 50x | |
| Bybit CYBERUSDT | +0.0100% | 4h | 0.3315 | −0.057% | $963K | $483K | 25x | as long as short |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3319 | +0.064% | $150K | $283K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3318 | +0.034% | $291K | $82K | 50x | as long as short |
| KuCoin CYBERUSDTM | +0.0100% | 4h | 0.3316 | −0.026% | $479K | $99K | 30x | as long as short |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3312 | −0.147% | $287K | $249K | 50x | as long as short |
| BingX CYBER-USDT | +0.0100% | 4h | 0.3314 | −0.087% | — | $2.3M | — | as long as short |
BloFin CYBER-USDT
Aster CYBERUSDT
Bybit CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
KuCoin CYBERUSDTM
Bitget CYBERUSDT
BingX CYBER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CYBER | +0.0100% | 4h | 0.3316 | −0.014% | $467 | $1 | — | as long as short |
Variational Omni CYBER