Funding you earn now, next payment 06:00 UTC+0.0397%/8h= +43.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.411%
Price spread now: Kraken Futures against Binance+0.106%54s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.806%−$81 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.106%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.050% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.806%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LSKUSDT | 0.3365 | −0.3709 | get 0.0464% / 1h | 20m 21s | $14.3M | $100.0M | 50x |
| Short | Kraken Futures PF_LSKUSD | 0.3369 | −0.3312 | pay 0.0414% / 1h | 20m 21s | $100K | $357K | 10x |
Binance LSKUSDT
Kraken Futures PF_LSKUSDFunding 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
- $83.35
- Price spread: +0.106% → +0.056%
- $4.99
- Slippage, 4 orders
- −$107.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$38.83
- Costs to cover
- 1.272%
- Break-even
- 10.3 days
Slippage from Binance: live order book, 7 min ago; Kraken Futures: live order book, 27 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, 7 min ago | 0.15 bp | 12.8 bp −$13 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 27 min ago | 17.79 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDT | −0.3984% | 1h | 0.3362 | −0.100% | $39K | $314K | 20x | as long as short |
| Binance LSKUSDTlong | −0.3709% | 1h | 0.3365 | long leg | $14.3M | $100.0M | 50x | |
| MEXC LSK_USDT | −0.3704% | 1h | 0.3366 | +0.013% | $8.3M | $2.5M | 20x | as long as short |
| Kraken Futures PF_LSKUSDshort | −0.3312% | 1h | 0.3369 | +0.106% | $100K | $357K | 10x | |
| Aster LSKUSDT | −0.3028% | 1h | 0.3366 | +0.034% | $60K | $178K | 5x | as long as short |
| Gate LSK_USDT | −0.2976% | 1h | 0.3370 | +0.147% | $1.4M | $2.7M | 20x | as long as short |
| Bitget LSKUSDT | −0.0840% | 1h | 0.3366 | +0.028% | $2.5M | $10.0M | 50x | as long as short |
| BingX LSK-USDT | −0.0648% | 1h | 0.3360 | −0.139% | — | $2.8M | — | as long as short |
| Bybit LSKUSDT | −0.0632% | 1h | 0.3374 | +0.262% | $9.1M | $20.5M | 25x | as long as short |
| Variational Omni LSK | −0.0260% | 1h | 0.3372 | +0.211% | $26K | $186K | — | as long as short |
HTX LSK-USDT
MEXC LSK_USDT
Aster LSKUSDT
Gate LSK_USDT
Bitget LSKUSDT
BingX LSK-USDT
Bybit LSKUSDT
Variational Omni LSK