Funding you earn now, next payment 04:00 UTC+0.2973%/8h= +325.5% APRpaid last 24h +0.989%
Price spread now: Kraken Futures against Binance+1.248%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.623%+$162 on $10k
+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 +$89 a day on $10k at the current rate, and Kraken Futures is 1.248% dearer against Binance than usual: you sell high and buy low: +$125 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.623% in total (about 84.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUPERUSDT | 0.1522 | 0.0100 | pay 0.0050% / 4h | 1m 44s | $2.3M | $5.4M | 50x |
| Short | Kraken Futures PF_SUPERUSD | 0.1541 | 0.3073 | get 0.0384% / 1h | 1m 44s | $51K | $8K | 10x |
Binance SUPERUSDT
Kraken Futures PF_SUPERUSDFunding 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
- $624.31
- Price spread: +1.248% → 0.000%
- $124.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $729.14
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 6 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, 6 min ago | 2.30 bp | 43.7 bp −$44 | 147.7 bp −$1,477 | 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.
SUPER 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1525 | +0.160% | $522K | $326K | 3x | as long as short |
| Binance SUPERUSDTlong | +0.0100% | 4h | 0.1522 | long leg | $2.3M | $5.4M | 50x | |
| Bybit SUPERUSDT | +0.0100% | 4h | 0.1523 | +0.069% | $1.1M | $1.5M | 25x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1521 | −0.089% | $132K | $91K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1522 | −0.017% | $1.6M | $609K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1522 | −0.050% | $623K | $213K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1522 | −0.023% | $544K | $262K | 25x | as long as short |
| BingX SUPER-USDT | +0.0100% | 4h | 0.1522 | +0.003% | — | $2.4M | — | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1517 | −0.336% | $81K | $2K | — | as long as short |
| BloFin SUPER-USDT | +0.0340% | 4h | 0.1520 | −0.168% | $152K | $172K | 75x | as long as short |
Hyperliquid SUPER
Bybit SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
BingX SUPER-USDT
Variational Omni SUPER
BloFin SUPER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSDshort | +0.3073% | 1h | 0.1541 | +1.248% | $51K | $8K | 10x |