Funding you earn now, next payment 12:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h −0.318%
Price spread now: Binance against Kraken Futures+0.109%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.109% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAIAUSD | 0.03178 | −0.0167 | get 0.0021% / 1h | 9m 38s | $32K | $42K | 10x |
| Short | Binance KAIAUSDT | 0.03181 | 0.0100 | get 0.0050% / 4h | 9m 38s | $2.4M | $3.7M | 75x |
Kraken Futures PF_KAIAUSD
Binance KAIAUSDTFunding 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
- $56.17
- Price spread: +0.109% → 0.000%
- $10.89
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $47.06
- Costs to cover
- 0.200%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 5 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, 5 min ago | 1.57 bp | 27.3 bp −$27 | 85.7 bp −$857 | 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.
KAIA on 12 exchanges
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_KAIAUSDlong | −0.0167% | 1h | 0.03178 | long leg | $32K | $42K | 10x | |
| BloFin KAIA-USDT | +0.0055% | 4h | 0.03177 | −0.029% | $151K | $18K | 75x | as long as short |
| Binance KAIAUSDTshort | +0.0100% | 4h | 0.03181 | +0.109% | $2.4M | $3.7M | 75x | |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03177 | −0.029% | $2.0M | $1.1M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03175 | −0.092% | $74K | $67K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03181 | +0.097% | $522K | $162K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03182 | +0.128% | $308K | $40K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03182 | +0.128% | $437K | $369K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03179 | +0.034% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03171 | −0.230% | $3K | $1 | — | as long as short |
BloFin KAIA-USDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03175 | −0.106% | $382K | $461K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03180 | +0.063% | $3K | $135K | 5x | as long as short |
GRVT KAIA_USDT_Perp
Extended KAIA-USD