Funding you earn now, next payment 04:00 UTC−0.1525%/8h= −167.0% APRpaid last 24h +0.379%
Price spread now: Binance against Kraken Futures+0.022%54s7-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
The price spread pays, funding is against you. Binance is 0.022% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 1 hour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLOWUSD | 0.03226 | 0.1625 | pay 0.0203% / 1h | 29m 27s | $35K | $41K | 10x |
| Short | Binance FLOWUSDT | 0.03227 | 0.0100 | get 0.0050% / 4h | 29m 27s | $2.6M | $7.9M | 10x |
Funding 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
- −$320.25
- Price spread: +0.022% → 0.000%
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$338.06
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 10 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, 10 min ago | 4.67 bp | 24.3 bp −$24 | 97.7 bp −$977 | 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.
FLOW 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 FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −5.591% | $213 | $14K | 5.5x | as long as short |
| Aster FLOWUSDT | +0.0100% | 4h | 0.03221 | −0.167% | $7K | $10K | 5x | as long as short |
| Binance FLOWUSDTshort | +0.0100% | 4h | 0.03227 | +0.022% | $2.6M | $7.9M | 10x | |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03228 | +0.050% | $1.5M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03228 | +0.050% | $858K | $1.7M | 10x | as long as short |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03230 | +0.112% | $284K | $302K | 10x | as long as short |
| MEXC FLOW_USDT | +0.0100% | 4h | 0.03227 | +0.019% | $1.6M | $1.1M | 50x | as long as short |
| KuCoin FLOWUSDTM | +0.0100% | 4h | 0.03230 | +0.112% | $289K | $135K | 10x | as long as short |
| BingX FLOW-USDT | +0.0100% | 4h | 0.03229 | +0.081% | — | $1.7M | — | as long as short |
| Variational Omni FLOW | +0.0100% | 8h | 0.03227 | +0.017% | $34K | $2K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLOW-USDT | +0.0141% | 4h | 0.03225 | −0.043% | $140K | $22K | 20x | as long as short |
| Kraken Futures PF_FLOWUSDlong | +0.1625% | 1h | 0.03226 | long leg | $35K | $41K | 10x |
Kraken Futures PF_FLOWUSD
Binance FLOWUSDT
Injective FLOW/USDC PERP
Aster FLOWUSDT
Bybit FLOWUSDT
OKX FLOW-USDT-SWAP
Gate FLOW_USDT
MEXC FLOW_USDT
KuCoin FLOWUSDTM
BingX FLOW-USDT
Variational Omni FLOW
BloFin FLOW-USDT