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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PROMPTUSD | 0.02186 | 0.0303 | pay 0.0038% / 1h | 33m 12s | $2K | $3K | 10x |
| Short | Binance PROMPTUSDT | 0.02187 | 0.0100 | get 0.0050% / 4h | 1h 33m | $1.2M | $2.1M | 40x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 1 min ago | 4.57 bp | 28.7 bp −$29 | 124.7 bp −$1,247 | 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.
PROMPT on 9 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 PROMPTUSDT | +0.0100% | 4h | 0.02187 | +0.015% | $3K | $1K | 5x | as long as short |
| Binance PROMPTUSDTshort | +0.0100% | 4h | 0.02187 | +0.028% | $1.2M | $2.1M | 40x | |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02190 | +0.165% | $332K | $223K | 5x | as long as short |
| Gate PROMPT_USDT | +0.0100% | 4h | 0.02192 | +0.257% | $554K | $85K | 20x | as long as short |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02187 | +0.028% | $105K | $109K | 20x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02187 | +0.028% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02185 | −0.081% | $3K | $6K | — | as long as short |
| KuCoin PROMPTUSDTM | +0.0262% | 4h | 0.02201 | +0.668% | $121K | $81K | 30x | as long as short |
| Kraken Futures PF_PROMPTUSDlong | +0.0303% | 1h | 0.02186 | long leg | $2K | $3K | 10x |
Kraken Futures PF_PROMPTUSD
Binance PROMPTUSDT
Aster PROMPTUSDT
Bybit PROMPTUSDT
Gate PROMPT_USDT
MEXC PROMPT_USDT
BingX PROMPT-USDT
Variational Omni PROMPT
KuCoin PROMPTUSDTM