Funding you earn now, next payment 07:00 UTC−0.0266%/8h= −29.1% APRpaid last 24h +0.112%
Price spread now: Binance against Kraken Futures+0.455%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−0.994%−$99 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.455% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.455% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARCUSD | 0.07780 | 0.0607 | pay 0.0076% / 1h | 2m 07s | $53K | $82K | 20x |
| Short | Binance ARCUSDT | 0.07815 | 0.0341 | get 0.0170% / 4h | 1h 02m | $24.2M | $6.3M | 20x |
Kraken Futures PF_ARCUSD
Binance ARCUSDTFunding 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
- −$55.9
- Price spread: +0.455% → 0.000%
- $45.51
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.39
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 9 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, 9 min ago | 3.82 bp | 58.0 bp −$58 | 161.0 bp −$1,610 | 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.
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 | 0.07807 | +0.347% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07799 | +0.245% | $3.0M | $213K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07813 | +0.431% | $1.3M | $1.6M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07800 | +0.257% | $1K | $1.4M | 20x | as long as short |
| Bybit ARCUSDT | +0.0102% | 4h | 0.07807 | +0.347% | $2.8M | $4.3M | 13x | as long as short |
| Aster ARCUSDT | +0.0298% | 4h | 0.07794 | +0.178% | $18K | $14K | 5x | as long as short |
| Binance ARCUSDTshort | +0.0341% | 4h | 0.07815 | +0.455% | $24.2M | $6.3M | 20x | |
| Extended ARC-USD | +0.0344% | 1h | 0.07816 | +0.460% | $29K | $197K | 5x | as long as short |
| BloFin ARC-USDT | +0.0401% | 4h | 0.07810 | +0.386% | $1.2M | $36K | 20x | as long as short |
| BingX ARC-USDT | +0.0502% | 4h | 0.07810 | +0.386% | — | $1.7M | — | as long as short |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Bybit ARCUSDT
Aster ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARCUSDT | +0.0522% | 4h | 0.07809 | +0.373% | $1.7M | $481K | 10x | as long as short |
| Kraken Futures PF_ARCUSDlong | +0.0607% | 1h | 0.07780 | long leg | $53K | $82K | 20x |
Bitget ARCUSDT