Funding you earn now, next payment 00:00 UTC+0.1656%/8h= +181.4% APRpaid last 24h +0.288%
Price spread now: Binance against Kraken Futures−0.047%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
Funding pays, the price is against you. Binance is 0.047% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$50 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008383 | −0.1556 | get 0.0195% / 1h | 54m 08s | $46K | $11K | 20x |
| Short | Binance GMTUSDT | 0.008379 | 0.0100 | get 0.0050% / 4h | 54m 08s | $2.7M | $3.0M | 50x |
Kraken Futures PF_GMTUSD
Binance GMTUSDTFunding 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
- $347.85
- Price spread: −0.047% → 0.000%
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $323.17
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 12 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, 12 min ago | 1.80 bp | 26.9 bp −$27 | 96.6 bp −$966 | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | −0.1556% | 1h | 0.008383 | long leg | $46K | $11K | 20x | |
| KuCoin GMTUSDTM | +0.0072% | 4h | 0.008380 | −0.035% | $251K | $101K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008379 | −0.047% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008380 | −0.038% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008379 | −0.047% | $2.7M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008379 | −0.047% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008373 | −0.118% | $348K | $555K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008380 | −0.035% | $147K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008380 | −0.035% | $423K | $182K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008376 | −0.083% | $675K | $400K | 50x | as long as short |
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008370 | −0.150% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008373 | −0.118% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT