Funding you earn now, next payment 06:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.179%
Price spread now: Kraken Futures against Binance+0.050%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 +$2 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 zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LUNA2USDT | 0.05310 | 0.0142 | pay 0.0071% / 4h | 2h 36m | $3.0M | $14.0M | 50x |
| Short | Kraken Futures PF_LUNA2USD | 0.05313 | 0.0220 | get 0.0027% / 1h | 36m 01s | $13K | $6K | 10x |
Binance LUNA2USDT
Kraken Futures PF_LUNA2USDFunding 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
- $16.28
- Price spread: +0.050% → 0.000%
- $5.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.29
- Costs to cover
- 0.200%
- Break-even
- 6.4 days
Slippage unknown: Binance: live order book, 4 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 4 min ago | 0.94 bp | 14.9 bp −$15 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
LUNA2 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LUNA2USDT | +0.0100% | 4h | 0.05305 | −0.094% | $13K | $55K | 5x | as long as short |
| Bybit LUNA2USDT | +0.0100% | 8h | 0.05308 | −0.038% | $1.1M | $1.6M | 50x | as long as short |
| Variational Omni LUNA2 | +0.0100% | 8h | 0.05307 | −0.053% | $17K | $3K | — | as long as short |
| Binance LUNA2USDTlong | +0.0142% | 4h | 0.05310 | long leg | $3.0M | $14.0M | 50x | |
| BloFin LUNA2-USDT | +0.0175% | 4h | 0.05306 | −0.075% | $280K | $27K | 50x | as long as short |
| Kraken Futures PF_LUNA2USDshort | +0.0220% | 1h | 0.05313 | +0.050% | $13K | $6K | 10x |
Aster LUNA2USDT
Bybit LUNA2USDT
Variational Omni LUNA2
BloFin LUNA2-USDT