Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+3.3550%/8h= +3673.7% APRpaid last 24h +4.434%
Price spread now: Kraken Futures against Binance−0.077%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.077% cheaper against Binance than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about under an hour of funding at the current rate (+$1,006 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DEEPUSDT0.019400.0100pay 0.0050% / 4h2h 39m$2.0M$6.2M50x
ShortKraken Futures PF_DEEPUSD0.019383.3650get 0.4206% / 1h39m 33s$8K$10K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$7,045.47
Price spread: −0.077% → 0.000%
−$7.74
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$7,017.74
Costs to cover
0.200%
Break-even
0.0 days
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago5.11 bp25.7 bp −$2676.6 bp −$766doesn't fitdoesn'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.

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP−0.5070%1h0.01941+0.075%$79K$11K20xas long as short
Binance DEEPUSDTlong+0.0100%4h0.01940long leg$2.0M$6.2M50x
Bybit DEEPUSDT+0.0100%8h0.01932−0.389%$4.1M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01938−0.079%$298K$90K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01942+0.127%$1.0M$467K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01945+0.282%$1.8M$95K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01937−0.131%$813K$580K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01938−0.079%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01938−0.069%$12K$9Kas long as short
BloFin DEEP-USDT+0.0102%8h0.01944+0.230%$134K$32K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01941+0.090%$7K$230K5xas long as short
Kraken Futures PF_DEEPUSDshort+3.3650%1h0.01938−0.077%$8K$10K10x