Funding you earn now, next payment 04:00 UTC+0.0639%/8h= +69.9% APRpaid last 24h +0.179%
Price spread now: Kraken Futures against Binance−0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03794 | 0.0100 | pay 0.0050% / 4h | 48m 45s | $2.4M | $3.7M | 50x |
| Short | Kraken Futures PF_IDUSD | 0.03794 | 0.0739 | get 0.0092% / 1h | 48m 45s | $4K | $3K | 10x |
Binance IDUSDT
Kraken Futures PF_IDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $134.13
- Price spread: −0.013% → 0.000%
- −$1.31
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $112.82
- Costs to cover
- 0.200%
- Break-even
- 1.1 days
Slippage unknown: Binance: live order book, 3 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 3 min ago | 1.32 bp | 20.9 bp −$21 | 103.1 bp −$1,031 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03800 | +0.145% | $9K | $153 | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03794 | long leg | $2.4M | $3.7M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03797 | +0.079% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03794 | 0.000% | $251K | $238K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03796 | +0.053% | $371K | $198K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03800 | +0.158% | $1.1M | $61K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03798 | +0.101% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0121% | 4h | 0.03795 | +0.026% | $161K | $13K | 50x | as long as short |
| Bitget IDUSDT | +0.0158% | 4h | 0.03800 | +0.158% | $816K | $637K | 50x | as long as short |
| BingX ID-USDT | +0.0186% | 4h | 0.03796 | +0.053% | — | $2.3M | — | as long as short |
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDT
Bitget IDUSDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDshort | +0.0739% | 1h | 0.03794 | −0.013% | $4K | $3K | 10x |