Funding you earn now, next payment 09:00 UTC+0.1253%/8h= +137.2% APRpaid last 24h +2.053%
Price spread now: Kraken Futures against BingX+0.070%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
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Kraken Futures is 0.070% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALCH-USDT | 0.05120 | 0.0624 | pay 0.0312% / 4h | 3h 58m | — | $6.8M | — |
| Short | Kraken Futures PF_ALCHUSD | 0.05124 | 0.1877 | get 0.0235% / 1h | 58m 13s | $12K | $36K | 10x |
BingX ALCH-USDT
Kraken Futures PF_ALCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $263.11
- Price spread: +0.070% → 0.000%
- $7.03
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $250.13
- Costs to cover
- 0.200%
- Break-even
- 0.3 days
Slippage unknown: BingX: live order book, 9 min ago; Kraken Futures: no order-book sample. 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 BingX live order book, 9 min ago | 9.77 bp | 46.0 bp −$46 | 309.8 bp −$3,098 | 675.0 bp −$67.5K | 837.5 bp −$418.7K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05129 | +0.176% | $2.9M | $6.6M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05131 | +0.215% | $293K | $737K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05132 | +0.234% | $900K | $2.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05110 | −0.199% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0441% | 4h | 0.05134 | +0.282% | $12K | $135K | 5x | as long as short |
| BloFin ALCH-USDT | +0.0587% | 4h | 0.05111 | −0.176% | $382K | $123K | 10x | as long as short |
| Binance ALCHUSDT | +0.0596% | 4h | 0.05135 | +0.296% | $6.0M | $29.1M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0604% | 4h | 0.05136 | +0.313% | $5.1M | $2.6M | 100x | as long as short |
| BingX ALCH-USDTlong | +0.0624% | 4h | 0.05120 | long leg | — | $6.8M | — | |
| KuCoin ALCHUSDTM | +0.0794% | 4h | 0.05133 | +0.254% | $1.2M | $329K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BloFin ALCH-USDT
Binance ALCHUSDT
MEXC ALCH_USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.1877% | 1h | 0.05124 | +0.070% | $12K | $36K | 10x |