Funding you earn now, next payment 06:00 UTC−0.0694%/8h= −76.0% APRpaid last 24h +0.034%
Price spread now: Binance against Kraken Futures+0.093%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+0.073%+$7 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. Binance is 0.093% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEXEUSD | 1.9395 | 0.0794 | pay 0.0099% / 1h | 37m 52s | $42K | $49K | 20x |
| Short | Binance DEXEUSDT | 1.9413 | 0.0100 | get 0.0050% / 4h | 2h 37m | $7.0M | $8.6M | 20x |
Kraken Futures PF_DEXEUSD
Binance DEXEUSDTFunding 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
- −$145.75
- Price spread: +0.093% → 0.000%
- $9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.48
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 1 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, 1 min ago | 2.58 bp | 19.4 bp −$19 | 71.2 bp −$712 | 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.
DEXE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.098% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9413 | +0.093% | $172K | $32K | 5x | as long as short |
| Binance DEXEUSDTshort | +0.0100% | 4h | 1.9413 | +0.093% | $7.0M | $8.6M | 20x | |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9432 | +0.192% | $2.4M | $985K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9400 | +0.027% | $470K | $831K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9390 | −0.024% | $1.8M | $229K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9380 | −0.076% | $3.2M | $505K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9400 | +0.027% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9502 | +0.553% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9380 | −0.076% | $8K | — | 10x | as long as short |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9370 | −0.128% | $330K | $34K | 20x | as long as short |
| Kraken Futures PF_DEXEUSDlong | +0.0794% | 1h | 1.9395 | long leg | $42K | $49K | 20x |
BloFin DEXE-USDT