Funding you earn now, next payment 23:00 UTC+0.0577%/8h= +63.2% APRpaid last 24h +0.340%
Price spread now: Binance against Kraken Futures+0.445%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.766%−$77 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.445% dearer against Kraken Futures than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.766%, 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 | Kraken Futures PF_ARCUSD | 0.07681 | −0.0085 | get 0.0011% / 1h | 14m 47s | $50K | $83K | 20x |
| Short | Binance ARCUSDT | 0.07715 | 0.0492 | get 0.0246% / 4h | 1h 14m | $23.9M | $7.3M | 20x |
Kraken Futures PF_ARCUSD
Binance ARCUSDTFunding 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
- $121.15
- Price spread: +0.445% → 0.000%
- $44.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $145.62
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 11 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.95 bp | 57.7 bp −$58 | 163.1 bp −$1,631 | doesn't fit | doesn't fit |
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.
ARC on 12 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_ARCUSDlong | −0.0085% | 1h | 0.07681 | long leg | $50K | $83K | 20x | |
| Lighter ARC | +0.0096% | 1h | 0.07699 | +0.237% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07702 | +0.279% | $3.0M | $330K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07695 | +0.187% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0236% | 4h | 0.07726 | +0.585% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0465% | 4h | 0.07716 | +0.461% | $1.2M | $58K | 20x | as long as short |
| Binance ARCUSDTshort | +0.0492% | 4h | 0.07715 | +0.445% | $23.9M | $7.3M | 20x | |
| Extended ARC-USD | +0.0504% | 1h | 0.07707 | +0.345% | $29K | $118K | 5x | as long as short |
| Bitget ARCUSDT | +0.0628% | 4h | 0.07702 | +0.279% | $1.7M | $547K | 10x | as long as short |
| Bybit ARCUSDT | +0.0871% | 4h | 0.07703 | +0.292% | $2.6M | $4.5M | 13x | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Bitget ARCUSDT
Bybit ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ARCUSDT | +0.0962% | 4h | 0.07705 | +0.320% | $19K | $16K | 5x | as long as short |
| BingX ARC-USDT | +0.0964% | 4h | 0.07709 | +0.370% | — | $1.7M | — | as long as short |
Aster ARCUSDT
BingX ARC-USDT