Funding you earn now, next payment 06:00 UTC−0.1633%/8h= −178.8% APRpaid last 24h +0.112%
Price spread now: Binance against Kraken Futures−0.545%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$49 a day on $10k at the current rate, and Binance is 0.545% cheaper against Kraken Futures than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SSVUSD | 3.3121 | 0.1733 | pay 0.0217% / 1h | 36m 47s | $10K | $15K | 10x |
| Short | Binance SSVUSDT | 3.2940 | 0.0100 | get 0.0100% / 8h | 2h 36m | $2.4M | $2.8M | 50x |
Kraken Futures PF_SSVUSD
Binance SSVUSDTFunding 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
- −$342.86
- Price spread: −0.545% → 0.000%
- −$54.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$417.41
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 14 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, 14 min ago | 3.01 bp | 29.6 bp −$30 | 96.5 bp −$965 | 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.
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0058% | 8h | 3.2880 | −0.727% | $822 | $1 | — | as long as short |
| Binance SSVUSDTshort | +0.0100% | 8h | 3.2940 | −0.545% | $2.4M | $2.8M | 50x | |
| Bybit SSVUSDT | +0.0100% | 8h | 3.2890 | −0.696% | $563K | $307K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.2950 | −0.515% | $532K | $866K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.2850 | −0.817% | $139K | $80K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.2950 | −0.515% | $195K | $146K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.2800 | −0.968% | $243K | $45K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.2890 | −0.696% | $527K | $329K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.2890 | −0.696% | — | $2.3M | — | as long as short |
| BloFin SSV-USDT | +0.0103% | 8h | 3.2820 | −0.908% | $120K | $86K | 75x | as long as short |
Variational Omni SSV
Bybit SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDT
BloFin SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSDlong | +0.1733% | 1h | 3.3121 | long leg | $10K | $15K | 10x |