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

PROMPT

all PROMPT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0203%/8h= −22.2% APRpaid last 24h −4.779%
Price spread now: Binance against Kraken Futures+0.028%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
The price spread pays, funding is against you. Binance is 0.028% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PROMPTUSD0.021860.0303pay 0.0038% / 1h33m 12s$2K$3K10x
ShortBinance PROMPTUSDT0.021870.0100get 0.0050% / 4h1h 33m$1.2M$2.1M40x

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

Profit calculator

Funding earned
−$42.65
Price spread: +0.028% → 0.000%
$2.81
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$59.84
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 1 min ago. 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 Kraken Futures no order-book sample
Sell Binance live order book, 1 min ago4.57 bp28.7 bp −$29124.7 bp −$1,247doesn't fitdoesn'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.

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%4h0.02187+0.015%$3K$1K5xas long as short
Binance PROMPTUSDTshort+0.0100%4h0.02187+0.028%$1.2M$2.1M40x
Bybit PROMPTUSDT+0.0100%4h0.02190+0.165%$332K$223K5xas long as short
Gate PROMPT_USDT+0.0100%4h0.02192+0.257%$554K$85K20xas long as short
MEXC PROMPT_USDT+0.0100%4h0.02187+0.028%$105K$109K20xas long as short
BingX PROMPT-USDT+0.0100%4h0.02187+0.028%$6.5Mas long as short
Variational Omni PROMPT+0.0100%4h0.02185−0.081%$3K$6Kas long as short
KuCoin PROMPTUSDTM+0.0262%4h0.02201+0.668%$121K$81K30xas long as short
Kraken Futures PF_PROMPTUSDlong+0.0303%1h0.02186long leg$2K$3K10x