Funding you earn now, next payment 09:00 UTC−0.4520%/8h= −495.0% APRpaid last 24h +0.613%
Price spread now: Binance against Kraken Futures−0.177%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$136 a day on $10k at the current rate, and Binance is 0.177% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FLUXUSD | 0.06339 | 0.4620 | pay 0.0578% / 1h | 56m 55s | $6K | $119 | 10x |
| Short | Binance FLUXUSDT | 0.06327 | 0.0100 | get 0.0050% / 4h | 3h 56m | $1.2M | $1.4M | 50x |
Kraken Futures PF_FLUXUSD
Binance FLUXUSDTFunding 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
- −$949.27
- Price spread: −0.177% → 0.000%
- −$17.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$986.97
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 6 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, 6 min ago | 7.09 bp | 45.3 bp −$45 | 283.9 bp −$2,839 | 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.
FLUX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLUXUSDT | −0.1132% | 4h | 0.06346 | +0.116% | $305K | $180K | 20x | as long as short |
| Aster FLUXUSDT | −0.0528% | 4h | 0.06357 | +0.295% | $40K | $703 | 5x | as long as short |
| Binance FLUXUSDTshort | +0.0100% | 4h | 0.06327 | −0.177% | $1.2M | $1.4M | 50x | |
| Gate FLUX_USDT | +0.0100% | 4h | 0.06343 | +0.068% | $48K | $21K | 20x | as long as short |
| MEXC FLUX_USDT | +0.0100% | 4h | 0.06332 | −0.105% | $4.9M | $165K | 100x | as long as short |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06352 | +0.210% | $207K | $50K | 30x | as long as short |
| Bitget FLUXUSDT | +0.0100% | 4h | 0.06346 | +0.116% | $309K | $125K | 50x | as long as short |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06342 | +0.053% | — | $1.3M | — | as long as short |
| Variational Omni FLUX | +0.0100% | 4h | 0.06354 | +0.244% | $7K | $262 | — | as long as short |
| BloFin FLUX-USDT | +0.0150% | 4h | 0.06333 | −0.089% | $76K | $11K | 50x | as long as short |
Bybit FLUXUSDT
Aster FLUXUSDT
Gate FLUX_USDT
MEXC FLUX_USDT
KuCoin FLUXUSDTM
Bitget FLUXUSDT
BingX FLUX-USDT
Variational Omni FLUX
BloFin FLUX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLUXUSDlong | +0.4620% | 1h | 0.06339 | long leg | $6K | $119 | 10x |