Settings8H · net · $10k
Funding arb · Price arb /

1INCH

all 1INCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1653%/8h= −181.0% APRpaid last 24h −0.316%
Price spread now: Bitget against Kraken Futures−0.297%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.982%−$98 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Bitget is 0.297% cheaper against Kraken Futures than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.982% in total (about -51.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_1INCHUSD0.10220.1753pay 0.0219% / 1h21m 29s$65K$2K10x
ShortBitget 1INCHUSDT0.10190.0100get 0.0100% / 8h2h 21m$496K$313K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$347.07
Price spread: −0.297% → 0.000%
−$29.69
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$398.76
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bitget live order book, 23 min ago6.35 bp15.0 bp −$1580.6 bp −$806doesn't fitdoesn'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.

1INCH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX 1INCH-USD0.0000%1h0.1018−0.373%$20K$1935xas long as short
Injective 1INCH/USDC PERP+0.0033%1h0.09766−4.445%$6$26K5.5xas long as short
Binance 1INCHUSDT+0.0100%8h0.1020−0.189%$3.3M$3.0M75xas long as short
Bybit 1INCHUSDT+0.0100%8h0.1018−0.414%$3.4M$733K75xas long as short
OKX 1INCH-USDT-SWAP+0.0100%8h0.1019−0.287%$703K$604K20xas long as short
Gate 1INCH_USDT+0.0100%8h0.1018−0.356%$253K$26K50xas long as short
MEXC 1INCH_USDT+0.0100%8h0.1020−0.199%$856K$175K200xas long as short
KuCoin 1INCHUSDTM+0.0100%8h0.1018−0.395%$492K$192K30xas long as short
Bitget 1INCHUSDTshort+0.0100%8h0.1019−0.297%$496K$313K75x
BingX 1INCH-USDT+0.0100%8h0.1019−0.326%$40.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 1INCH+0.0100%8h0.1013−0.876%$36K$139as long as short
BloFin 1INCH-USDT+0.0122%8h0.1016−0.561%$220K$15K75xas long as short
Kraken Futures PF_1INCHUSDlong+0.1753%1h0.1022long leg$65K$2K10x