Funding you earn now, next payment 07:00 UTC+0.0267%/8h= +29.2% APRpaid last 24h +0.033%
Price spread now: Binance against Kraken Futures−0.073%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.073%, 7d avg −0.151%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.079% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.151%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3792 | −0.0167 | get 0.0021% / 1h | 20m 17s | $440K | $706K | 20x |
| Short | Binance EGLDUSDT | 4.3760 | 0.0100 | get 0.0100% / 8h | 1h 20m | $4.5M | $24.0M | 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
- $56.08
- Price spread: −0.073% → −0.151%
- $7.86
- Slippage, 4 orders
- −$75.65
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.71
- Costs to cover
- 0.957%
- Break-even
- 11.0 days
Slippage from Kraken Futures: live order book, 23 min ago; Binance: live order book, 6 min ago.
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 live order book, 23 min ago | 11.56 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.14 bp | 20.0 bp −$20 | 73.6 bp −$736 | 323.0 bp −$32.3K | doesn't fit |
EGLD 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_EGLDUSDlong | −0.0167% | 1h | 4.3792 | long leg | $440K | $706K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.423% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDTshort | +0.0100% | 8h | 4.3760 | −0.073% | $4.5M | $24.0M | 75x | |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3740 | −0.118% | $2.5M | $7.8M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3840 | +0.110% | $448K | $614K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3740 | −0.118% | $4.0M | $2.9M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3840 | +0.110% | $2.8M | $1.1M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3780 | −0.027% | $2.2M | $3.8M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3752 | −0.090% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3780 | −0.027% | $211K | $570K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0372% | 8h | 4.3790 | −0.004% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0388% | 8h | 4.3760 | −0.073% | $594K | $4.0M | 20x | as long as short |
Kraken Futures PF_EGLDUSD
Binance EGLDUSDT
Injective EGLD/USDC PERP
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDT
BingX EGLD-USDT
OKX EGLD-USDT-SWAP