Funding you earn now, next payment 09:00 UTC−0.3250%/8h= −355.8% APRpaid last 24h −0.022%
Price spread now: Binance against Kraken Futures−0.240%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
Both sides work against this trade now: funding costs −$97 a day on $10k at the current rate, and Binance is 0.240% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LQTYUSD | 0.2347 | 0.3350 | pay 0.0419% / 1h | 48m 29s | $5K | $8K | 10x |
| Short | Binance LQTYUSDT | 0.2341 | 0.0100 | get 0.0100% / 8h | 7h 48m | $1.3M | $1.7M | 50x |
Kraken Futures PF_LQTYUSD
Binance LQTYUSDTFunding 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
- −$682.42
- Price spread: −0.240% → 0.000%
- −$23.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$726.37
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 15 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, 15 min ago | 2.14 bp | 26.6 bp −$27 | 154.4 bp −$1,544 | 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.
LQTY on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LQTYUSDTshort | +0.0100% | 8h | 0.2341 | −0.240% | $1.3M | $1.7M | 50x | |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2342 | −0.197% | $335K | $184K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2336 | −0.453% | $223K | $395K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2337 | −0.410% | $75K | $39K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2337 | −0.410% | $285K | $147K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2336 | −0.453% | $196K | $24K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2340 | −0.282% | $128K | $107K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2337 | −0.410% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2347 | 0.000% | $30K | $18K | — | as long as short |
| Kraken Futures PF_LQTYUSDlong | +0.3350% | 1h | 0.2347 | long leg | $5K | $8K | 10x |
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY