Funding you earn now, next payment 00:00 UTC+0.2441%/8h= +267.3% APRpaid last 24h −0.094%
Price spread now: Binance against Kraken Futures−0.286%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 3 days (all we have)+0.434%+$43 · spread now −0.286%, 7d avg −0.038%
=Funding pays, the price is against you. Binance is 0.248% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.286% now, against its 7-day average of −0.038%). If the spread goes back, that is −$25 on $10k: about 8 hours of funding at the current rate (+$73 a day). At the pace of the last 7 days (+0.259% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.259% in total (about 13.5% 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 | Kraken Futures PF_JASMYUSD | 0.004385 | −0.2341 | get 0.0293% / 1h | 39m 03s | $251K | $226K | 20x |
| Short | Binance JASMYUSDT | 0.004372 | 0.0100 | get 0.0100% / 8h | 39m 03s | $3.4M | $5.3M | 75x |
Kraken Futures PF_JASMYUSD
Binance JASMYUSDTFunding 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
- $512.71
- Price spread: −0.286% → −0.038%
- −$24.76
- Slippage, 4 orders
- −$188.76
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $279.19
- Costs to cover
- 2.088%
- Break-even
- 3.2 days
Slippage from Kraken Futures: live order book, 38 min ago; Binance: live order book, 14 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, 38 min ago | 28.69 bp | 80.6 bp −$81 | 190.0 bp −$1,900 | 40043.7 bp −$4.00M | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.14 bp | 21.2 bp −$21 | 73.0 bp −$730 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_JASMYUSDlong | −0.2341% | 1h | 0.004385 | long leg | $251K | $226K | 20x | |
| Coinbase International JASMY-PERP-INTX | −0.0568% | 1h | 0.004337 | −1.089% | $16K | $15K | 25x | as long as short |
| KuCoin JASMYUSDTM | 0.0000% | 8h | 0.004372 | −0.291% | $3.4M | $2.4M | 50x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | 0.0000% | 1h | 0.004377 | −0.177% | — | — | 10x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004380 | −0.104% | $7K | $15K | 5x | as long as short |
| Binance JASMYUSDTshort | +0.0100% | 8h | 0.004372 | −0.286% | $3.4M | $5.3M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004370 | −0.337% | $3.9M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004370 | −0.337% | $418K | $206K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004373 | −0.268% | $10.0M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004375 | −0.223% | $1.7M | $583K | 50x | as long as short |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Deribit JASMY_USDC-PERPETUAL
Aster JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX JASMY-USDT | +0.0100% | 8h | 0.004371 | −0.314% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004369 | −0.361% | $124K | $34K | — | as long as short |
| Extended JASMY-USD | +0.0104% | 1h | 0.004372 | −0.287% | $6K | $199K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004370 | −0.337% | $226K | $195K | 75x | as long as short |
BingX JASMY-USDT
Variational Omni JASMY
Extended JASMY-USD
BloFin JASMY-USDT