Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1641 | +0.0051 | pay 0.0006% / 1h | 8m 04s | $137K | $30K | 20x | Long Kraken Futures | |
| SHORT | 0.1641 | +0.0100 | get 0.0100% / 8h | 8m 04s | $2.0M | $4.5M | 75x | Short Binance |
Price gap−0.030%
Funding gap+0.0049% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.035% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$79+0.0049% /8h now · paid −0.788% over the last 7D
Price+$4spread −0.030% now, avg −0.066% → +0.035% if it goes back
Costs−$1771.774% of $10k · taker + slippage, in and out
Result−$253−2.53%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.030%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSNX on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size56.4 / 21.2 bpAt $10k entering Kraken Futures costs 56.4 bp, fee and slippage, 2.7× Binance’s.
- Note: Margin at max leverage$500 + $133Kraken Futures 20x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.46Long Kraken Futures: 24 payments, −$1.54; short Binance: 3 payments, +$3.00.
- OK: Entry gap works for you−0.030% vs −0.066%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$137K vs $2.0M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKraken Futures Yes · Binance YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0375%/8h × 21 periods−$78.84
Price spread−0.030% → −0.066% (7d avg)+$3.53
Slippage, 4 orderslive order books−$157.41
Fee Kraken Futures bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$252.71
Costs to cover1.774%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 35 min ago; Binance: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures45.9756.4 bp−$56doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.0421.2 bp−$2169.9 bp−$699doesn’t fitdoesn’t fit
Closing costs about the same again.
SNX news
posts that mention SNX, from every exchange| 09-21 21:00 | Binance | Other | What’s on the market radar this week? 👀 Sep 21–25, 2026 🗓️ • Mon–Tue: Quiet on the macro front • Wed: Meta Connect 2026 keynote, 7 PM ET • Earnings all week: AZO, GIS, CLLS, PAYX, SNX, DRI, COST Plan ahead. Trade 24/7. @binance on X ↗ |
| 09-18 16:42 | Backpack | Other | Earnings to watch for the week of September 21. ▸ Consumer: $COST $AZO $DRI $GIS ▸ Business services: $CTAS $PAYX ▸ Technology: $SNX $BB Full earnings calendar → @Backpack on X ↗ |
Backpack