Funding you earn now, next payment 07:00 UTC+0.1309%/8h= +143.4% APRpaid last 24h +0.064%
Price spread now: Kraken Futures against Binance+0.113%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2162.162% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.113%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Kraken Futures is 0.071% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% 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 JASMYUSDT | 0.004372 | 0.0100 | pay 0.0100% / 8h | 1h 43m | $3.5M | $5.5M | 75x |
| Short | Kraken Futures PF_JASMYUSD | 0.004377 | 0.1409 | get 0.0176% / 1h | 43m 34s | $256K | $256K | 20x |
Binance JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $274.92
- Price spread: +0.113% → +0.042%
- $7.06
- Slippage, 4 orders
- −$196.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $65.76
- Costs to cover
- 2.162%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 9 min ago; Kraken Futures: live order book, 64 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 Binance live order book, 9 min ago | 2.29 bp | 25.1 bp −$25 | 106.4 bp −$1,064 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 36.59 bp | 109.1 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JASMY | +0.0050% | 8h | 0.004349 | −0.533% | $124K | $33K | — | as long as short |
| Coinbase International JASMY-PERP-INTX | +0.0096% | 1h | 0.004384 | +0.274% | $16K | $16K | 25x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004370 | −0.041% | $7K | $22K | 5x | as long as short |
| Binance JASMYUSDTlong | +0.0100% | 8h | 0.004372 | long leg | $3.5M | $5.5M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004364 | −0.183% | $3.7M | $2.4M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004366 | −0.138% | $467K | $310K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004370 | −0.046% | $10.0M | $2.7M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004370 | −0.046% | $3.3M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004370 | −0.046% | $1.7M | $577K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004374 | +0.045% | — | $7.8M | — | as long as short |
Variational Omni JASMY
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDT
BingX JASMY-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004369 | −0.065% | $5K | $264K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004371 | −0.023% | $227K | $222K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.1123% | 1h | 0.004377 | +0.114% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1409% | 1h | 0.004377 | +0.113% | $256K | $256K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL