Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.082%
Price spread now: Binance against Kraken Futures−0.016%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 3 days (all we have)−0.271%−$27 · spread now −0.016%, 7d avg −0.134%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.118% dearer against Kraken Futures than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1389 | 0.0095 | pay 0.0012% / 1h | 10m 59s | $313K | $334K | 20x |
| Short | Binance DYDXUSDT | 0.1388 | 0.0100 | get 0.0100% / 8h | 7h 10m | $5.3M | $8.3M | 75x |
Kraken Futures PF_DYDXUSD
Binance DYDXUSDTFunding 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
- $0.97
- Price spread: −0.016% → −0.134%
- $11.84
- Slippage, 4 orders
- −$75.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.35
- Costs to cover
- 0.952%
- Break-even
- 599.7 days
Slippage from Kraken Futures: live order book, 62 min ago; Binance: live order book, 13 min ago.
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 live order book, 62 min ago | 6.15 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.61 bp | 19.6 bp −$20 | 76.0 bp −$760 | 665.4 bp −$66.5K | doesn't fit |
DYDX on 21 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 DYDX/USDC PERP | −0.0214% | 1h | 0.1389 | +0.025% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | −0.119% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0095% | 1h | 0.1389 | long leg | $313K | $334K | 20x | |
| Lighter DYDX | +0.0096% | 1h | 0.1388 | −0.083% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1391 | +0.133% | $2.1M | $738K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1388 | −0.061% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDTshort | +0.0100% | 8h | 0.1388 | −0.016% | $5.3M | $8.3M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1388 | −0.040% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1391 | +0.140% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1390 | +0.097% | $54K | $20K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1388 | −0.040% | $385K | $462K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1387 | −0.119% | $3.1M | $918K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1389 | +0.025% | $2.4M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1391 | +0.169% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1389 | +0.025% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1388 | −0.039% | $3K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1388 | −0.078% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0111% | 8h | 0.1388 | −0.047% | $299K | $11K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1388 | −0.038% | $941 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1394 | +0.385% | $18K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2562% | 1h | 0.1388 | −0.045% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD