Funding you earn now, next payment 23:00 UTC−0.0475%/8h= −52.0% APRpaid last 24h −0.080%
Price spread now: Binance against Kraken Futures+0.184%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.184%, 7d avg −0.041%
=The price spread pays, funding is against you. Binance is 0.226% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of −0.041%): +$23 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.274%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.274% in total (about 14.3% 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 | Kraken Futures PF_JASMYUSD | 0.004346 | 0.0575 | pay 0.0072% / 1h | 29m 09s | $248K | $227K | 20x |
| Short | Binance JASMYUSDT | 0.004354 | 0.0100 | get 0.0100% / 8h | 1h 29m | $3.4M | $5.3M | 75x |
Kraken Futures PF_JASMYUSD
Binance JASMYUSDTFunding 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
- −$99.78
- Price spread: +0.184% → −0.041%
- $22.57
- Slippage, 4 orders
- −$161.42
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$258.64
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 53 min ago; Binance: live order book, 9 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 Kraken Futures live order book, 53 min ago | 22.96 bp | 62.2 bp −$62 | 162.7 bp −$1,627 | 48146.5 bp −$4.81M | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.15 bp | 24.9 bp −$25 | 76.9 bp −$769 | 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 | −0.0544% | 1h | 0.004337 | −0.207% | $16K | $16K | 25x | as long as short |
| KuCoin JASMYUSDTM | −0.0061% | 8h | 0.004352 | +0.138% | $3.4M | $2.4M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004353 | +0.160% | $7K | $16K | 5x | as long as short |
| Binance JASMYUSDTshort | +0.0100% | 8h | 0.004354 | +0.184% | $3.4M | $5.3M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004353 | +0.161% | $3.8M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004344 | −0.046% | $386K | $190K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004354 | +0.184% | $10.0M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004353 | +0.161% | $1.7M | $584K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004353 | +0.161% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004348 | +0.057% | $138K | $20K | — | 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 | 0.004353 | +0.165% | $31K | $169K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004355 | +0.207% | $227K | $196K | 75x | as long as short |
| Kraken Futures PF_JASMYUSDlong | +0.0575% | 1h | 0.004346 | long leg | $248K | $227K | 20x | |
| Deribit JASMY_USDC-PERPETUAL | +0.0669% | 1h | 0.004358 | +0.276% | — | — | 10x | as long as short |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL