Funding you earn now, next payment 01:00 UTC+0.0051%/8h= +5.5% APRpaid last 24h −0.045%
Price spread now: Binance against Kraken Futures−0.466%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.072%+$107 on $10k
+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. Binance is 0.466% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.466% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 31 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.072% in total) that is about 3.0 days. 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 | Kraken Futures PF_CHZUSD | 0.01612 | 0.0049 | pay 0.0006% / 1h | 3m 27s | $75K | $56K | 25x |
| Short | Binance CHZUSDT | 0.01605 | 0.0100 | get 0.0100% / 8h | 7h 03m | $7.0M | $12.3M | 75x |
Kraken Futures PF_CHZUSD
Binance CHZUSDTFunding 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
- $10.62
- Price spread: −0.466% → 0.000%
- −$46.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$55.93
- Costs to cover
- 0.200%
- Break-even
- 43.9 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 7 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, 7 min ago | 3.09 bp | 12.4 bp −$12 | 27.7 bp −$277 | 282.6 bp −$28.3K | 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.
CHZ on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | −0.0803% | 1h | 0.01609 | −0.212% | $3K | $647 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −2.366% | $1K | $7 | 5.5x | as long as short |
| Kraken Futures PF_CHZUSDlong | +0.0049% | 1h | 0.01612 | long leg | $75K | $56K | 25x | |
| Aster CHZUSDT | +0.0100% | 8h | 0.01605 | −0.459% | $21K | $19K | 10x | as long as short |
| Binance CHZUSDTshort | +0.0100% | 8h | 0.01605 | −0.466% | $7.0M | $12.3M | 75x | |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01602 | −0.629% | $4.1M | $1.4M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01604 | −0.505% | $1.6M | $3.1M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01606 | −0.381% | $326K | $329K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01604 | −0.505% | $4.4M | $932K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01604 | −0.505% | $722K | $153K | 50x | as long as short |
dYdX CHZ-USD
Injective CHZ/USDC PERP
Aster CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01605 | −0.443% | $3.9M | $795K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01604 | −0.505% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01609 | −0.182% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01611 | −0.071% | $45K | $669K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01612 | −0.009% | $283 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01615 | +0.177% | $54K | $84K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01604 | −0.488% | $2K | $364K | 10x | as long as short |
| BloFin CHZ-USDT | +0.0111% | 8h | 0.01613 | +0.053% | $335K | $28K | 75x | as long as short |
| GMX CHZ/USD [ETH-USDC] | L +0.0436% / S −0.0159% | 1h | 0.01604 | −0.518% | $8K | — | 50x | as long as short |
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
BloFin CHZ-USDT
GMX CHZ/USD [ETH-USDC]