Funding you earn now, next payment 11:00 UTC−0.1033%/8h= −113.1% APRpaid last 24h +0.041%
Price spread now: Binance against Kraken Futures+0.430%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 0.430% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.430% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1931 | 0.1133 | pay 0.0142% / 1h | 7m 42s | $11K | $2K | 10x |
| Short | Binance SOONUSDT | 0.1939 | 0.0100 | get 0.0050% / 4h | 1h 07m | $7.9M | $1.9M | 50x |
Kraken Futures PF_SOONUSD
Binance SOONUSDTFunding 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
- −$216.91
- Price spread: +0.430% → 0.000%
- $42.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$193.91
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 9 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, 9 min ago | 2.57 bp | 36.7 bp −$37 | 135.5 bp −$1,355 | 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.
SOON on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SOONUSDTshort | +0.0100% | 4h | 0.1939 | +0.430% | $7.9M | $1.9M | 50x | |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1938 | +0.378% | $1.9M | $539K | 20x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1939 | +0.420% | $1.8M | $3.7M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1938 | +0.398% | $7K | $179K | 5x | as long as short |
| Bybit SOONUSDT | +0.0132% | 4h | 0.1930 | −0.021% | $2.6M | $1.2M | 25x | as long as short |
| Variational Omni SOON | +0.0473% | 4h | 0.1929 | −0.088% | $238K | $20K | — | as long as short |
| Gate SOON_USDT | +0.0526% | 4h | 0.1936 | +0.275% | $3.2M | $162K | 50x | as long as short |
| Aster SOONUSDT | +0.0654% | 4h | 0.1936 | +0.274% | $189K | $4K | 5x | as long as short |
| BingX SOON-USDT | +0.0716% | 4h | 0.1937 | +0.326% | — | $6.7M | — | as long as short |
| Bitget SOONUSDT | +0.0744% | 4h | 0.1936 | +0.275% | $9.1M | $340K | 25x | as long as short |
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Extended SOON-USD
Bybit SOONUSDT
Variational Omni SOON
Gate SOON_USDT
Aster SOONUSDT
BingX SOON-USDT
Bitget SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSDlong | +0.1133% | 1h | 0.1931 | long leg | $11K | $2K | 10x |