Funding you earn now, next payment 01:00 UTC+0.1711%/8h= +187.4% APRpaid last 24h −0.002%
Price spread now: Kraken Futures against Binance−0.561%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2042.037% of the position
Funding, last 7 days−1.387%−$139 on $10k
+Price spread, last 3 days (all we have)+0.346%+$35 · spread now −0.561%, 7d avg −0.100%
=Funding pays, the price is against you. Kraken Futures is 0.461% cheaper against Binance than usual: you would sell low and buy high (spread −0.561% now, against its 7-day average of −0.100%). If the spread goes back, that is −$46 on $10k: about 22 hours of funding at the current rate (+$51 a day). Mind the row above: over the last 7 days funding on this pair cost −1.387%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04401 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $16.0M | $87.8M | 25x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04377 | 0.1811 | get 0.0226% / 1h | 8m 54s | $63K | $428K | 10x |
Binance MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDFunding 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
- $359.38
- Price spread: −0.561% → −0.100%
- −$46.09
- Slippage, 4 orders
- −$183.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $109.61
- Costs to cover
- 2.037%
- Break-even
- 4.9 days
Slippage from Binance: live order book, 4 min ago; Kraken Futures: live order book, 64 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, 4 min ago | 2.28 bp | 16.0 bp −$16 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 50.81 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDTlong | +0.0100% | 4h | 0.04401 | long leg | $16.0M | $87.8M | 25x | |
| Bybit MUBARAKUSDT | +0.0100% | 4h | 0.04399 | −0.068% | $3.4M | $10.7M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04400 | −0.025% | $2.6M | $53.9M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04399 | −0.056% | $864K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04400 | −0.034% | $2.8M | $7.2M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0100% | 4h | 0.04399 | −0.056% | — | $3.1M | — | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04409 | +0.175% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0189% | 4h | 0.04401 | −0.011% | $21K | $399K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.0580% | 4h | 0.04403 | +0.035% | $7.0M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0912% | 4h | 0.04399 | −0.056% | $1.6M | $1.1M | 30x | as long as short |
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDshort | +0.1811% | 1h | 0.04377 | −0.561% | $63K | $428K | 10x |