Funding you earn now, next payment 09:00 UTC+0.1078%/8h= +118.0% APRpaid last 24h −0.089%
Price spread now: Kraken Futures against Binance+0.430%7-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 +$32 a day on $10k at the current rate, and Kraken Futures is 0.430% dearer against Binance than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POWRUSDT | 0.06384 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $1.4M | $2.2M | 50x |
| Short | Kraken Futures PF_POWRUSD | 0.06411 | 0.1178 | get 0.0147% / 1h | 22m 11s | $16K | $11K | 10x |
Funding 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
- $226.36
- Price spread: +0.430% → 0.000%
- $43.05
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $249.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 12 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, 12 min ago | 1.58 bp | 35.9 bp −$36 | 180.6 bp −$1,806 | 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.
POWR on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX POWR-USDT | +0.0070% | 4h | 0.06380 | −0.063% | — | $1.3M | — | as long as short |
| Aster POWRUSDT | +0.0100% | 4h | 0.06377 | −0.112% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDTlong | +0.0100% | 4h | 0.06384 | long leg | $1.4M | $2.2M | 50x | |
| Gate POWR_USDT | +0.0100% | 4h | 0.06352 | −0.501% | $106K | $28K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06384 | 0.000% | $1.1M | $112K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06388 | +0.063% | $643K | $104K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06376 | −0.125% | $372K | $202K | 50x | as long as short |
| Bybit POWRUSDT | +0.0404% | 4h | 0.06377 | −0.110% | $918K | $540K | 13x | as long as short |
| Variational Omni POWR | +0.0450% | 4h | 0.06342 | −0.662% | $508 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSDshort | +0.1178% | 1h | 0.06411 | +0.430% | $16K | $11K | 10x |
Binance POWRUSDT
Kraken Futures PF_POWRUSD
BingX POWR-USDT
Aster POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Bybit POWRUSDT
Variational Omni POWR