Funding you earn now, next payment 00:00 UTC+0.0966%/8h= +105.8% APRpaid last 24h −0.340%
Price spread now: Kraken Futures against Binance−0.320%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.788%+$79 on $10k
+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. Kraken Futures is 0.320% cheaper against Binance than usual: you would sell low and buy high (spread −0.320% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 27 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.788% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.07756 | 0.0104 | pay 0.0052% / 4h | 19m 34s | $24.0M | $7.4M | 20x |
| Short | Kraken Futures PF_ARCUSD | 0.07731 | 0.1070 | get 0.0134% / 1h | 19m 34s | $51K | $86K | 20x |
Binance ARCUSDT
Kraken Futures PF_ARCUSDFunding 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
- $202.87
- Price spread: −0.320% → 0.000%
- −$32.04
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $150.83
- Costs to cover
- 0.200%
- Break-even
- 1.8 days
Slippage unknown: Binance: live order book, 7 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, 7 min ago | 7.06 bp | 29.7 bp −$30 | 173.9 bp −$1,739 | 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.
ARC 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07737 | −0.250% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07739 | −0.219% | $3.0M | $331K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07771 | +0.190% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07741 | −0.193% | $2K | $1.6M | 20x | as long as short |
| Binance ARCUSDTlong | +0.0104% | 4h | 0.07756 | long leg | $24.0M | $7.4M | 20x | |
| Extended ARC-USD | +0.0112% | 1h | 0.07755 | −0.019% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0120% | 4h | 0.07795 | +0.503% | $1.2M | $58K | 20x | as long as short |
| Bitget ARCUSDT | +0.0358% | 4h | 0.07758 | +0.026% | $1.7M | $566K | 10x | as long as short |
| Aster ARCUSDT | +0.0477% | 4h | 0.07747 | −0.116% | $19K | $17K | 5x | as long as short |
| Bybit ARCUSDT | +0.0911% | 4h | 0.07737 | −0.245% | $2.7M | $4.6M | 13x | as long as short |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Extended ARC-USD
BloFin ARC-USDT
Bitget ARCUSDT
Aster ARCUSDT
Bybit ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.0946% | 4h | 0.07753 | −0.039% | — | $1.7M | — | as long as short |
| Kraken Futures PF_ARCUSDshort | +0.1070% | 1h | 0.07731 | −0.320% | $51K | $86K | 20x |
BingX ARC-USDT