Funding you earn now, next payment 06:00 UTC+1.2268%/8h= +1343.4% APRpaid last 24h +3.261%
Price spread now: Kraken Futures against Binance+0.960%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 +$368 a day on $10k at the current rate, and Kraken Futures is 0.960% dearer against Binance than usual: you sell high and buy low: +$96 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 RAREUSDT | 0.01320 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $1.6M | $1.1M | 25x |
| Short | Kraken Futures PF_RAREUSD | 0.01333 | 1.2368 | get 0.1546% / 1h | 11m 41s | $3K | $2K | 10x |
Binance RAREUSDT
Kraken Futures PF_RAREUSDFunding 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
- $2,576.31
- Price spread: +0.960% → 0.000%
- $95.98
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2,652.29
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 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, 7 min ago | 3.79 bp | 35.3 bp −$35 | 462.3 bp −$4,623 | 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.
RARE on 11 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 RARE-USDT | +0.0070% | 4h | 0.01320 | −0.037% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01318 | −0.156% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDTlong | +0.0100% | 4h | 0.01320 | long leg | $1.6M | $1.1M | 25x | |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01321 | +0.038% | $308K | $86K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01319 | −0.113% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01320 | −0.037% | $622K | $171K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01320 | −0.037% | $202K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01319 | −0.113% | $233K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01320 | −0.046% | $1K | $2K | — | as long as short |
| BloFin RARE-USDT | +0.0123% | 4h | 0.01322 | +0.114% | $105K | $12K | 25x | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSDshort | +1.2368% | 1h | 0.01333 | +0.960% | $3K | $2K | 10x |