Funding you earn now, next payment 03:00 UTC−0.1355%/8h= −148.3% APRpaid last 24h +0.355%
Price spread now: Binance against Kraken Futures−0.038%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 −$41 a day on $10k at the current rate, and Binance is 0.038% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 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_OGNUSD | 0.01988 | 0.1455 | pay 0.0182% / 1h | 14m 37s | $38K | $4K | 10x |
| Short | Binance OGNUSDT | 0.01987 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.3M | $980K | 25x |
Kraken Futures PF_OGNUSD
Binance OGNUSDTFunding 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
- −$284.49
- Price spread: −0.038% → 0.000%
- −$3.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$308.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 3 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, 3 min ago | 2.51 bp | 36.1 bp −$36 | 226.8 bp −$2,268 | 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.
OGN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OGNUSDT | +0.0100% | 4h | 0.01988 | +0.016% | $6K | $586 | 5x | as long as short |
| Binance OGNUSDTshort | +0.0100% | 4h | 0.01987 | −0.038% | $1.3M | $980K | 25x | |
| Bybit OGNUSDT | +0.0100% | 8h | 0.01988 | −0.013% | $462K | $87K | 25x | as long as short |
| Gate OGN_USDT | +0.0100% | 4h | 0.01986 | −0.088% | $26K | $5K | 20x | as long as short |
| MEXC OGN_USDT | +0.0100% | 4h | 0.01986 | −0.088% | $366K | $146K | 50x | as long as short |
| KuCoin OGNUSDTM | +0.0100% | 4h | 0.01984 | −0.189% | $319K | $19K | 25x | as long as short |
| Bitget OGNUSDT | +0.0100% | 4h | 0.01987 | −0.038% | $548K | $97K | 25x | as long as short |
| Kraken Futures PF_OGNUSDlong | +0.1455% | 1h | 0.01988 | long leg | $38K | $4K | 10x |
Aster OGNUSDT
Bybit OGNUSDT
Gate OGN_USDT
MEXC OGN_USDT
KuCoin OGNUSDTM
Bitget OGNUSDT