Funding you earn now, next payment 11:00 UTC−0.0997%/8h= −109.2% APRpaid last 24h −0.208%
Price spread now: Binance against Kraken Futures−0.063%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 −$30 a day on $10k at the current rate, and Binance is 0.063% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 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_LUNA2USD | 0.05321 | 0.1097 | pay 0.0137% / 1h | 30m 29s | $13K | $6K | 10x |
| Short | Binance LUNA2USDT | 0.05317 | 0.0100 | get 0.0050% / 4h | 1h 30m | $2.9M | $11.1M | 50x |
Kraken Futures PF_LUNA2USD
Binance LUNA2USDTFunding 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
- −$209.39
- Price spread: −0.063% → 0.000%
- −$6.34
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$235.73
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 2 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, 2 min ago | 0.94 bp | 18.9 bp −$19 | 57.2 bp −$572 | 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.
LUNA2 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LUNA2-USDT | +0.0098% | 4h | 0.05319 | −0.032% | $278K | $24K | 50x | as long as short |
| Aster LUNA2USDT | +0.0100% | 4h | 0.05317 | −0.078% | $11K | $57K | 5x | as long as short |
| Binance LUNA2USDTshort | +0.0100% | 4h | 0.05317 | −0.063% | $2.9M | $11.1M | 50x | |
| Bybit LUNA2USDT | +0.0100% | 8h | 0.05316 | −0.088% | $1.0M | $1.3M | 50x | as long as short |
| Variational Omni LUNA2 | +0.0100% | 8h | 0.05321 | +0.001% | $17K | $3K | — | as long as short |
| Kraken Futures PF_LUNA2USDlong | +0.1097% | 1h | 0.05321 | long leg | $13K | $6K | 10x |
BloFin LUNA2-USDT
Aster LUNA2USDT
Bybit LUNA2USDT
Variational Omni LUNA2