Funding you earn now, next payment 00:00 UTC+0.0426%/8h= +46.7% APRpaid last 24h +0.338%
Price spread now: Binance against Kraken Futures−0.223%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
Funding pays, the price is against you. Binance is 0.223% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.223% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 42 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_YFIUSD | 2,322.2 | −0.0326 | get 0.0041% / 1h | 59m 34s | $47K | $7K | 10x |
| Short | Binance YFIUSDT | 2,317 | 0.0100 | get 0.0100% / 8h | 7h 59m | $2.3M | $3.0M | 75x |
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
- $89.54
- Price spread: −0.223% → 0.000%
- −$22.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $47.28
- Costs to cover
- 0.200%
- Break-even
- 3.3 days
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 | 2.16 bp | 21.5 bp −$22 | 65.9 bp −$659 | 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.
YFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSDlong | −0.0326% | 1h | 2,322.2 | long leg | $47K | $7K | 10x | |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.670% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,319.4 | −0.118% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDTshort | +0.0100% | 8h | 2,317 | −0.223% | $2.3M | $3.0M | 75x | |
| Bybit YFIUSDT | +0.0100% | 8h | 2,317 | −0.223% | $1.0M | $251K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,319 | −0.136% | $621K | $827K | 20x | as long as short |
| Gate YFI_USDT | +0.0100% | 8h | 2,326.8 | +0.199% | $314K | $136K | 50x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,317 | −0.223% | $729K | $253K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,316.3 | −0.253% | $390K | $87K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,319 | −0.136% | — | $11.8M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni YFI | +0.0100% | 8h | 2,318.2 | −0.171% | $9K | $1K | — | as long as short |
| BloFin YFI-USDT | +0.0115% | 8h | 2,317 | −0.223% | $118K | $37K | 75x | as long as short |
Kraken Futures PF_YFIUSD
Binance YFIUSDT
Injective YFI/USDC PERP
Aster YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
Gate YFI_USDT
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFI
BloFin YFI-USDT