Funding you earn now, next payment 04:00 UTC+0.0882%/8h= +96.6% APRpaid last 24h +0.081%
Price spread now: Kraken Futures against Binance+0.010%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2422.419% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.010%, 7d avg +0.046%
=Funding pays, the price is against you. Kraken Futures is 0.036% cheaper against Binance than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.046%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$26 a day). Mind the row above: over the last 7 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JASMYUSDT | 0.004342 | 0.0100 | pay 0.0100% / 8h | 4h 38m | $3.4M | $5.2M | 75x |
| Short | Kraken Futures PF_JASMYUSD | 0.004342 | 0.0982 | get 0.0123% / 1h | 38m 11s | $249K | $223K | 20x |
Binance JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $185.21
- Price spread: +0.010% → +0.046%
- −$3.57
- Slippage, 4 orders
- −$221.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$60.22
- Costs to cover
- 2.419%
- Break-even
- 9.3 days
Slippage from Binance: live order book, 15 min ago; Kraken Futures: live order book, 19 min ago.
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, 15 min ago | 2.29 bp | 18.2 bp −$18 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 19 min ago | 55.90 bp | 138.3 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
JASMY 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | +0.0032% | 1h | 0.004409 | +1.543% | $16K | $19K | 25x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004341 | −0.027% | $7K | $19K | 5x | as long as short |
| Binance JASMYUSDTlong | +0.0100% | 8h | 0.004342 | long leg | $3.4M | $5.2M | 75x | |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004336 | −0.138% | $3.8M | $2.2M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004335 | −0.161% | $443K | $280K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004340 | −0.046% | $9.8M | $2.6M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004338 | −0.092% | $3.3M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004345 | +0.069% | $1.7M | $547K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004340 | −0.046% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004339 | −0.065% | $123K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDT
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004341 | −0.033% | $2K | $196K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004340 | −0.046% | $222K | $227K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0671% | 1h | 0.004348 | +0.138% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.0982% | 1h | 0.004342 | +0.010% | $249K | $223K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL