Funding you earn now, next payment 23:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.244%
Price spread now: Kraken Futures against Binance+0.039%54s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 3 hours. 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 AIXBTUSDT | 0.02242 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $2.3M | $2.9M | 50x |
| Short | Kraken Futures PF_AIXBTUSD | 0.02243 | −0.0904 | pay 0.0113% / 1h | 48m 21s | $19K | $7K | 10x |
Binance AIXBTUSDT
Kraken Futures PF_AIXBTUSDFunding 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
- −$210.76
- Price spread: +0.039% → 0.000%
- $3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$226.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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, 2 min ago | 2.23 bp | 23.3 bp −$23 | 133.5 bp −$1,335 | 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.
AIXBT 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_AIXBTUSDshort | −0.0904% | 1h | 0.02243 | +0.039% | $19K | $7K | 10x | |
| Variational Omni AIXBT | −0.0025% | 4h | 0.02238 | −0.195% | $98K | $11K | — | as long as short |
| BloFin AIXBT-USDT | +0.0092% | 4h | 0.02241 | −0.052% | $118K | $63K | 50x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02244 | +0.099% | $372K | $178K | 3x | as long as short |
| Binance AIXBTUSDTlong | +0.0100% | 4h | 0.02242 | long leg | $2.3M | $2.9M | 50x | |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02240 | −0.097% | $1.2M | $957K | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02241 | −0.052% | $448K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02242 | −0.008% | $192K | $80K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02242 | −0.008% | $442K | $184K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02243 | +0.037% | $1.2M | $1.4M | 30x | as long as short |
Variational Omni AIXBT
BloFin AIXBT-USDT
Hyperliquid AIXBT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02242 | −0.008% | $637K | $454K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02241 | −0.052% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0269% / S −0.0489% | 1h | 0.02243 | +0.024% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02242 | −0.026% | — | — | — | as long as short |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP