Settings8H · net · $10k
Funding arb · Price arb /

PROMPT

all PROMPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+3.9249%/8h= +4297.8% APRpaid last 24h +3.322%
Price spread now: Kraken Futures against Binance+0.223%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1,177 a day on $10k at the current rate, and Kraken Futures is 0.223% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PROMPTUSDT0.022240.0100pay 0.0050% / 4h44m 12s$1.2M$1.4M40x
ShortKraken Futures PF_PROMPTUSD0.022293.9349get 0.4919% / 1h44m 12s$2K$2K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8,242.32
Price spread: +0.223% → 0.000%
$22.34
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$8,244.66
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Binance: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.26 bp45.1 bp −$45184.4 bp −$1,844doesn't fitdoesn'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.

PROMPT on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMPTUSDT+0.0100%4h0.02221−0.133%$3K$1505xas long as short
Binance PROMPTUSDTlong+0.0100%4h0.02224long leg$1.2M$1.4M40x
Bybit PROMPTUSDT+0.0100%4h0.02226+0.090%$334K$157K5xas long as short
MEXC PROMPT_USDT+0.0100%4h0.02223−0.045%$115K$98K20xas long as short
KuCoin PROMPTUSDTM+0.0100%4h0.02217−0.315%$77K$70K30xas long as short
BingX PROMPT-USDT+0.0100%4h0.022240.000%$6.5Mas long as short
Variational Omni PROMPT+0.0100%4h0.02219−0.243%$3K$4Kas long as short
Gate PROMPT_USDT+0.0452%4h0.02225+0.045%$553K$61K20xas long as short
Kraken Futures PF_PROMPTUSDshort+3.9349%1h0.02229+0.223%$2K$2K10x