Funding you earn now, next payment 22:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h +0.117%
Price spread now: Binance against Kraken Futures−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.577%+$58 on $10k
+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 −$2 a day on $10k at the current rate, and Binance is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.577%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MANAUSD | 0.08507 | 0.0174 | pay 0.0022% / 1h | 2m 02s | $97K | $53K | 20x |
| Short | Binance MANAUSDT | 0.08504 | 0.0100 | get 0.0100% / 8h | 2h 02m | $3.4M | $4.9M | 75x |
Funding 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
- −$15.52
- Price spread: −0.030% → 0.000%
- −$2.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.5
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 6 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, 6 min ago | 1.17 bp | 20.7 bp −$21 | 61.0 bp −$610 | 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.
MANA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0435% | 8h | 0.08489 | −0.205% | $83K | $3K | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0025% | 8h | 0.08496 | −0.124% | $632K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.864% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0035% | 8h | 0.08497 | −0.112% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08503 | −0.040% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDTshort | +0.0100% | 8h | 0.08504 | −0.030% | $3.4M | $4.9M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08483 | −0.277% | $2.7M | $759K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08504 | −0.030% | $303K | $231K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08502 | −0.053% | $12.7M | $665K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08510 | +0.041% | $1.7M | $67K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08511 | +0.056% | $1.6M | $446K | 25x | as long as short |
| BloFin MANA-USDT | +0.0109% | 8h | 0.08498 | −0.100% | $171K | $41K | 20x | as long as short |
| Kraken Futures PF_MANAUSDlong | +0.0174% | 1h | 0.08507 | long leg | $97K | $53K | 20x |
Kraken Futures PF_MANAUSD
Binance MANAUSDT
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT
BloFin MANA-USDT