Funding you earn now, next payment 06:00 UTC+0.0065%/8h= +7.2% APRpaid last 24h +0.220%
Price spread now: Binance against Kraken Futures+0.251%54s7-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 Binance is 0.251% dearer against Kraken Futures than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Kraken Futures PF_MIRAUSD | 0.05439 | 0.0035 | pay 0.0004% / 1h | 57m 25s | $5K | $8K | 10x |
| Short | Binance MIRAUSDT | 0.05453 | 0.0100 | get 0.0050% / 4h | 2h 57m | $2.5M | $6.0M | 50x |
Kraken Futures PF_MIRAUSD
Binance MIRAUSDTFunding 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
- $13.72
- Price spread: +0.251% → 0.000%
- $25.11
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $18.83
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 11 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, 11 min ago | 2.75 bp | 17.2 bp −$17 | 119.5 bp −$1,195 | 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.
MIRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MIRAUSDlong | +0.0035% | 1h | 0.05439 | long leg | $5K | $8K | 10x | |
| BloFin MIRA-USDT | +0.0045% | 4h | 0.05441 | +0.028% | $239K | $16K | 50x | as long as short |
| Binance MIRAUSDTshort | +0.0100% | 4h | 0.05453 | +0.251% | $2.5M | $6.0M | 50x | |
| Bybit MIRAUSDT | +0.0100% | 4h | 0.05457 | +0.322% | $1.1M | $1.3M | 25x | as long as short |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05443 | +0.065% | $255K | $209K | 25x | as long as short |
| MEXC MIRA_USDT | +0.0100% | 4h | 0.05451 | +0.212% | $209K | $136K | 20x | as long as short |
| KuCoin MIRAUSDTM | +0.0100% | 4h | 0.05443 | +0.072% | $816K | $58K | 50x | as long as short |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05444 | +0.083% | $768K | $287K | 20x | as long as short |
BloFin MIRA-USDT
Bybit MIRAUSDT
Gate MIRA_USDT
MEXC MIRA_USDT
KuCoin MIRAUSDTM
Bitget MIRAUSDT