Funding you earn now, next payment 00:00 UTC+0.0820%/8h= +89.8% APRnext payment +$1.03 per $10,000 · paid last 24h +0.559%
Price spread now: Kraken Futures against Binance−0.078%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$381as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2582.578% of the position
Funding, last 7 days−1.235%−$123 on $10k
+Price spread, last 3 days (all we have)−0.120%−$12 · spread now −0.078%, 7d avg +0.066%
=Funding pays, the price is against you. Kraken Futures is 0.144% cheaper against Binance than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of +0.066%). If the spread goes back, that is −$14 on $10k: about 14 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −1.235%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LSKUSDT | 0.3680 | −0.0608 | get 0.0076% / 1h | 45m 43s | $15.5M | $94.1M | 50x |
| Short | Kraken Futures PF_LSKUSD | 0.3678 | 0.0212 | get 0.0027% / 1h | 45m 43s | $113K | $189K | 10x |
Binance LSKUSDT
Kraken Futures PF_LSKUSDFunding 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
- $172.29
- Price spread: −0.078% → +0.066%
- −$14.37
- Slippage, 4 orders
- −$237.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$99.91
- Costs to cover
- 2.578%
- Break-even
- 11.1 days
Slippage from Binance: live order book, 12 min ago; Kraken Futures: live order book, 32 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, 12 min ago | 0.14 bp | 11.1 bp −$11 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 17.44 bp | 87.6 bp −$88 | 249.5 bp −$2,495 | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LSKUSDT | −0.0788% | 1h | 0.3682 | +0.044% | $63K | $117K | 5x | as long as short |
| Binance LSKUSDTlong | −0.0608% | 1h | 0.3680 | long leg | $15.5M | $94.1M | 50x | |
| MEXC LSK_USDT | −0.0568% | 1h | 0.3681 | +0.016% | $8.2M | $2.5M | 20x | as long as short |
| Gate LSK_USDT | −0.0232% | 1h | 0.3686 | +0.152% | $1.5M | $2.7M | 20x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3698 | +0.491% | $29K | $218K | — | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3686 | +0.144% | $10.1M | $19.8M | 25x | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3675 | −0.152% | $63K | $285K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3683 | +0.071% | $2.7M | $8.7M | 50x | as long as short |
| BingX LSK-USDT | +0.0104% | 1h | 0.3679 | −0.033% | — | $3.0M | — | as long as short |
| Kraken Futures PF_LSKUSDshort | +0.0212% | 1h | 0.3678 | −0.078% | $113K | $189K | 10x |
Aster LSKUSDT
MEXC LSK_USDT
Gate LSK_USDT
Variational Omni LSK
Bybit LSKUSDT
HTX LSK-USDT
Bitget LSKUSDT
BingX LSK-USDT