Funding you earn now, next payment 01:00 UTC+0.1163%/8h= +127.4% APRpaid last 24h +0.059%
Price spread now: Kraken Futures against Binance+0.148%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1781.780% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 3 days (all we have)−0.322%−$32 · spread now +0.148%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Kraken Futures is 0.108% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.281%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.281% in total (about -14.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JASMYUSDT | 0.004417 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $3.5M | $5.3M | 75x |
| Short | Kraken Futures PF_JASMYUSD | 0.004424 | 0.1263 | get 0.0158% / 1h | 37m 18s | $252K | $224K | 20x |
Binance JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $244.28
- Price spread: +0.148% → +0.040%
- $10.78
- Slippage, 4 orders
- −$158.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $77.04
- Costs to cover
- 1.780%
- Break-even
- 4.8 days
Slippage from Binance: live order book, 1 min ago; Kraken Futures: live order book, 35 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 Binance live order book, 1 min ago | 1.13 bp | 17.7 bp −$18 | 64.1 bp −$641 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 35 min ago | 20.55 bp | 60.4 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | −0.0616% | 1h | 0.004416 | −0.029% | $17K | $20K | 25x | as long as short |
| KuCoin JASMYUSDTM | −0.0009% | 8h | 0.004413 | −0.097% | $3.4M | $2.5M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004415 | −0.058% | $7K | $18K | 5x | as long as short |
| Binance JASMYUSDTlong | +0.0100% | 8h | 0.004417 | long leg | $3.5M | $5.3M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004414 | −0.074% | $3.9M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004419 | +0.039% | $422K | $204K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004416 | −0.029% | $10.1M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004418 | +0.016% | $1.8M | $576K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004417 | −0.006% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004421 | +0.080% | $125K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Aster JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDT
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004415 | −0.043% | $2K | $199K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004423 | +0.129% | $228K | $218K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0882% | 1h | 0.004423 | +0.129% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1263% | 1h | 0.004424 | +0.148% | $252K | $224K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL