Funding you earn now, next payment 04:00 UTC+0.1336%/8h= +146.3% APRpaid last 24h −0.256%
Price spread now: Kraken Futures against Binance−0.212%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 0.212% cheaper against Binance than usual: you would sell low and buy high (spread −0.212% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 13 hours of funding at the current rate (+$40 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BBUSDT | 0.009226 | 0.0100 | pay 0.0050% / 4h | 22m 35s | $3.3M | $6.9M | 50x |
| Short | Kraken Futures PF_BBUSD | 0.009206 | 0.1436 | get 0.0179% / 1h | 22m 35s | $22K | $3K | 10x |
Binance BBUSDT
Kraken Futures PF_BBUSDFunding 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
- $280.49
- Price spread: −0.212% → 0.000%
- −$21.24
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $239.25
- Costs to cover
- 0.200%
- Break-even
- 1.0 days
Slippage unknown: Binance: live order book, 16 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, 16 min ago | 5.54 bp | 34.9 bp −$35 | 245.6 bp −$2,456 | 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.
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009203 | −0.253% | $12K | $13K | 5x | as long as short |
| Binance BBUSDTlong | +0.0100% | 4h | 0.009226 | long leg | $3.3M | $6.9M | 50x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009200 | −0.282% | $135K | $229K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009222 | −0.043% | $1.4M | $573K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009210 | −0.173% | $454K | $93K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009230 | +0.043% | $342K | $484K | 50x | as long as short |
| Bybit BBUSDT | +0.0167% | 4h | 0.009234 | +0.087% | $700K | $789K | 25x | as long as short |
| BingX BB-USDT | +0.0284% | 4h | 0.009217 | −0.097% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSDshort | +0.1436% | 1h | 0.009206 | −0.212% | $22K | $3K | 10x |
Aster BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Bybit BBUSDT
BingX BB-USDT