Funding you earn now, next payment 09:00 UTC−0.1374%/8h= −150.4% APRpaid last 24h −2.080%
Price spread now: BingX against Kraken Futures+0.218%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. BingX is 0.218% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.218% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05138 | 0.1872 | pay 0.0234% / 1h | 13m 46s | $12K | $38K | 10x |
| Short | BingX ALCH-USDT | 0.05149 | 0.0498 | get 0.0249% / 4h | 3h 13m | — | $6.8M | — |
Kraken Futures PF_ALCHUSD
BingX ALCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$288.48
- Price spread: +0.218% → 0.000%
- $21.82
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$286.65
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BingX: 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 BingX live order book, 9 min ago | 7.72 bp | 44.7 bp −$45 | 256.8 bp −$2,568 | 703.2 bp −$70.3K | 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.
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 | 0.05151 | +0.257% | $2.9M | $6.6M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05161 | +0.452% | $295K | $739K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05163 | +0.491% | $908K | $2.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05149 | +0.213% | $4K | $18K | — | as long as short |
| KuCoin ALCHUSDTM | +0.0292% | 4h | 0.05147 | +0.179% | $1.2M | $340K | 10x | as long as short |
| Aster ALCHUSDT | +0.0387% | 4h | 0.05162 | +0.469% | $12K | $138K | 5x | as long as short |
| BingX ALCH-USDTshort | +0.0498% | 4h | 0.05149 | +0.218% | — | $6.8M | — | |
| Binance ALCHUSDT | +0.0511% | 4h | 0.05161 | +0.448% | $6.0M | $29.2M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0534% | 4h | 0.05161 | +0.452% | $5.2M | $2.7M | 100x | as long as short |
| BloFin ALCH-USDT | +0.0547% | 4h | 0.05154 | +0.316% | $384K | $124K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
KuCoin ALCHUSDTM
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDlong | +0.1872% | 1h | 0.05138 | long leg | $12K | $38K | 10x |