Funding you earn now, next payment 06:00 UTC+0.1587%/8h= +173.8% APRpaid last 24h +0.911%
Price spread now: Kraken Futures against Binance−0.033%54s7-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
Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$48 a day). 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 | Binance NOTUSDT | 0.0005021 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $2.1M | $3.1M | 50x |
| Short | Kraken Futures PF_NOTUSD | 0.0005019 | 0.1687 | get 0.0211% / 1h | 20m 27s | $49K | $9K | 10x |
Binance NOTUSDT
Kraken Futures PF_NOTUSDFunding 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
- $333.27
- Price spread: −0.033% → 0.000%
- −$3.3
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $309.97
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Binance: live order book, 15 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, 15 min ago | 1.00 bp | 21.2 bp −$21 | 176.6 bp −$1,766 | 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.
NOT on 16 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 NOT | −0.0104% | 4h | 0.0004998 | −0.458% | $71K | $38K | — | as long as short |
| KuCoin NOTUSDTM | −0.0052% | 4h | 0.0005003 | −0.360% | $477K | $136K | 50x | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −2.930% | $1K | $13K | 5.5x | as long as short |
| BloFin NOT-USDT | +0.0076% | 4h | 0.0005003 | −0.360% | $108K | $18K | 50x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005025 | +0.082% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005020 | −0.022% | $338K | $68K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005014 | −0.133% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDTlong | +0.0100% | 4h | 0.0005021 | long leg | $2.1M | $3.1M | 50x | |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005018 | −0.062% | $2.1M | $895K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005024 | +0.058% | $638K | $704K | 20x | as long as short |
Variational Omni NOT
KuCoin NOTUSDTM
Injective NOT/USDC PERP
BloFin NOT-USDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOT_USDT | +0.0100% | 4h | 0.0005020 | −0.022% | $138K | $73K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005019 | −0.042% | $1.3M | $450K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005024 | +0.058% | $659K | $487K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | 0.0005020 | −0.022% | — | $8.5M | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005016 | −0.098% | $4K | — | 5x | as long as short |
| Kraken Futures PF_NOTUSDshort | +0.1687% | 1h | 0.0005019 | −0.033% | $49K | $9K | 10x |
Gate NOT_USDT
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDT
Extended kNOT-USD