Funding you earn now, next payment 02:00 UTC−0.0629%/8h= −68.9% APRpaid last 24h +0.013%
Price spread now: Kraken Futures against Binance−0.157%54s7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3073.071% of the position
Funding, last 7 days−1.393%−$139 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.157%, 7d avg −0.107%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.051% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.107%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04487 | 0.0181 | pay 0.0090% / 4h | 2h 16m | $16.3M | $89.4M | 25x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04480 | −0.0448 | pay 0.0056% / 1h | 16m 21s | $64K | $425K | 10x |
Binance MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDFunding 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
- −$132.11
- Price spread: −0.157% → −0.107%
- −$5.06
- Slippage, 4 orders
- −$287.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$444.24
- Costs to cover
- 3.071%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Kraken Futures: live order book, 51 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, 11 min ago | 1.11 bp | 19.5 bp −$20 | 74.2 bp −$742 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 51 min ago | 62.66 bp | 167.7 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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_MUBARAKUSDshort | −0.0448% | 1h | 0.04480 | −0.157% | $64K | $425K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04485 | −0.038% | $2.7M | $55.8M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04502 | +0.341% | $14K | $51K | — | as long as short |
| Bitget MUBARAKUSDT | +0.0114% | 4h | 0.04494 | +0.153% | $2.9M | $7.3M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0180% | 4h | 0.04487 | −0.003% | $882K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDTlong | +0.0181% | 4h | 0.04487 | long leg | $16.3M | $89.4M | 25x | |
| Aster MUBARAKUSDT | +0.0345% | 4h | 0.04481 | −0.134% | $24K | $410K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0466% | 4h | 0.04487 | −0.003% | $1.7M | $1.1M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0564% | 4h | 0.04484 | −0.070% | — | $3.1M | — | as long as short |
| Bybit MUBARAKUSDT | +0.0597% | 4h | 0.04485 | −0.054% | $3.5M | $10.9M | 25x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Bitget MUBARAKUSDT
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1446% | 4h | 0.04488 | +0.019% | $7.1M | $5.3M | 50x | as long as short |
Gate MUBARAK_USDT