Funding you earn now, next payment 04:00 UTC−0.0280%/8h= −30.7% APRnext payment −$0.35 per $10,000 · paid last 24h +0.241%
Price spread now: Kraken Futures against Coinbase International−0.124%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.005%$0 on $10k
+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 −$8 a day on $10k at the current rate, and Kraken Futures is 0.124% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. 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 | Coinbase International JASMY-PERP-INTX | 0.004387 | 0.0184 | pay 0.0023% / 1h | 29m 56s | $16K | $16K | 25x |
| Short | Kraken Futures PF_JASMYUSD | 0.004382 | −0.0096 | pay 0.0012% / 1h | 29m 56s | $250K | $236K | 20x |
Coinbase International JASMY-PERP-INTX
Kraken Futures PF_JASMYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- −$58.81
- Price spread: −0.124% → 0.000%
- −$12.45
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$91.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 23 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 23 min ago | 68.26 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_JASMYUSDshort | −0.0096% | 1h | 0.004382 | −0.124% | $250K | $236K | 20x | |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004409 | +0.507% | $7K | $19K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004402 | +0.342% | $3.4M | $5.2M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004402 | +0.342% | $3.9M | $2.2M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004403 | +0.365% | $446K | $270K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004402 | +0.342% | $9.9M | $2.6M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004407 | +0.456% | $3.3M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004399 | +0.274% | $1.7M | $526K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004406 | +0.433% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004407 | +0.461% | $125K | $33K | — | as long as short |
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
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 | 0.004401 | +0.322% | $2K | $192K | 10x | as long as short |
| Coinbase International JASMY-PERP-INTXlong | +0.0184% | 1h | 0.004387 | long leg | $16K | $16K | 25x | |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004407 | +0.456% | $222K | $229K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.2021% | 1h | 0.004413 | +0.593% | — | — | 10x | as long as short |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL