Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.086%
Price spread now: Binance against Kraken Futures+0.040%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 0.040% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_REZUSD | 0.003845 | 0.0216 | pay 0.0027% / 1h | 3m 19s | $44K | $10K | 10x |
| Short | Binance REZUSDT | 0.003847 | 0.0100 | get 0.0050% / 4h | 3m 19s | $4.9M | $8.8M | 50x |
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
- −$24.42
- Price spread: +0.040% → 0.000%
- $4.02
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.4
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 6 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, 6 min ago | 1.30 bp | 17.2 bp −$17 | 58.2 bp −$582 | 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.
REZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0073% | 4h | 0.003844 | −0.038% | $323K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003846 | +0.011% | $18K | $36K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003847 | +0.040% | $4.9M | $8.8M | 50x | |
| Bybit REZUSDT | +0.0100% | 4h | 0.003855 | +0.248% | $1.4M | $1.1M | 25x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003857 | +0.300% | $398K | $126K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003850 | +0.118% | $1.3M | $418K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003844 | −0.038% | $452K | $93K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003847 | +0.040% | $607K | $1.3M | 50x | as long as short |
| BingX REZ-USDT | +0.0100% | 4h | 0.003849 | +0.092% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003845 | −0.012% | $78K | $40K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSDlong | +0.0216% | 1h | 0.003845 | long leg | $44K | $10K | 10x | |
| Hyperliquid REZ | +0.0630% | 1h | 0.003859 | +0.352% | $1.6M | $499K | 3x | as long as short |
Kraken Futures PF_REZUSD
Binance REZUSDT
BloFin REZ-USDT
Aster REZUSDT
Bybit REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZ
Hyperliquid REZ