Funding you earn now, next payment 11:00 UTC+0.0861%/8h= +94.3% APRpaid last 24h −0.041%
Price spread now: Kraken Futures against Binance−0.109%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.109% cheaper against Binance than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOONUSDT | 0.1945 | 0.0265 | pay 0.0132% / 4h | 1h 48m | $7.9M | $1.9M | 50x |
| Short | Kraken Futures PF_SOONUSD | 0.1943 | 0.1126 | get 0.0141% / 1h | 48m 20s | $11K | $2K | 10x |
Binance SOONUSDT
Kraken Futures PF_SOONUSDFunding 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
- $180.81
- Price spread: −0.109% → 0.000%
- −$10.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $149.88
- Costs to cover
- 0.200%
- Break-even
- 1.2 days
Slippage unknown: Binance: live order book, 14 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 14 min ago | 2.56 bp | 30.0 bp −$30 | 214.5 bp −$2,145 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SOON on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.0100% | 4h | 0.1935 | −0.514% | $2.5M | $1.2M | 25x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1945 | 0.000% | $1.9M | $529K | 20x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1946 | +0.046% | $1.8M | $3.7M | 50x | as long as short |
| Extended SOON-USD | +0.0264% | 1h | 0.1944 | −0.033% | $10K | $179K | 5x | as long as short |
| Binance SOONUSDTlong | +0.0265% | 4h | 0.1945 | long leg | $7.9M | $1.9M | 50x | |
| Gate SOON_USDT | +0.0596% | 4h | 0.1941 | −0.206% | $3.2M | $144K | 50x | as long as short |
| BingX SOON-USDT | +0.0822% | 4h | 0.1942 | −0.154% | — | $6.7M | — | as long as short |
| Bitget SOONUSDT | +0.0878% | 4h | 0.1944 | −0.051% | $9.1M | $312K | 25x | as long as short |
| Aster SOONUSDT | +0.0926% | 4h | 0.1946 | +0.064% | $190K | $4K | 5x | as long as short |
| Variational Omni SOON | +0.1091% | 4h | 0.1938 | −0.360% | $240K | $20K | — | as long as short |
Bybit SOONUSDT
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Extended SOON-USD
Gate SOON_USDT
BingX SOON-USDT
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSDshort | +0.1126% | 1h | 0.1943 | −0.109% | $11K | $2K | 10x |