Funding you earn now, next payment 09:00 UTC−0.0359%/8h= −39.3% APRpaid last 24h −0.097%
Price spread now: Binance against Kraken Futures+0.049%7-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. Binance is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_REZUSD | 0.003868 | 0.0459 | pay 0.0057% / 1h | 31m 51s | $44K | $7K | 10x |
| Short | Binance REZUSDT | 0.003870 | 0.0100 | get 0.0050% / 4h | 3h 31m | $5.0M | $8.6M | 50x |
Funding 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
- −$75.43
- Price spread: +0.049% → 0.000%
- $4.86
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.57
- Costs to cover
- 0.200%
- Break-even
- never at this rate
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 | 1.29 bp | 18.5 bp −$19 | 67.2 bp −$672 | 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.
REZ 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0095% | 4h | 0.003871 | +0.073% | $324K | $44K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003872 | +0.099% | $18K | $40K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003870 | +0.049% | $5.0M | $8.6M | 50x | |
| Bybit REZUSDT | +0.0100% | 4h | 0.003875 | +0.176% | $1.6M | $1.1M | 25x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003884 | +0.409% | $396K | $124K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003871 | +0.073% | $1.4M | $398K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003874 | +0.150% | $451K | $70K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003873 | +0.125% | $590K | $1.2M | 50x | as long as short |
| BingX REZ-USDT | +0.0102% | 4h | 0.003874 | +0.150% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0284% | 4h | 0.003884 | +0.405% | $151K | $112K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSDlong | +0.0459% | 1h | 0.003868 | long leg | $44K | $7K | 10x | |
| Hyperliquid REZ | +0.1215% | 1h | 0.003880 | +0.306% | $1.6M | $578K | 3x | as long as short |
Kraken Futures PF_REZUSD
Binance REZUSDT
BloFin REZ-USDT
Aster REZUSDT
Bybit REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZ
Hyperliquid REZ