Funding you earn now, next payment 04:00 UTC−0.3041%/8h= −332.9% APRpaid last 24h −1.958%
Price spread now: BloFin against Kraken Futures+0.056%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. BloFin is 0.056% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$91 a day in funding at the current rate, which eats that in about 1 hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05115 | 0.3915 | pay 0.0489% / 1h | 40m 31s | $12K | $33K | 10x |
| Short | BloFin ALCH-USDT | 0.05118 | 0.0874 | get 0.0437% / 4h | 40m 31s | $401K | $113K | 10x |
Kraken Futures PF_ALCHUSD
BloFin ALCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$638.51
- Price spread: +0.056% → 0.000%
- $5.56
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$654.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 60 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 BloFin live order book, 60 min ago | 19.51 bp | 39.9 bp −$40 | 185.8 bp −$1,858 | 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.
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 | 0.05120 | +0.095% | $3.0M | $6.1M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05120 | +0.095% | $289K | $684K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05122 | +0.134% | $918K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | +0.027% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0864% | 4h | 0.05129 | +0.278% | $13K | $106K | 5x | as long as short |
| BloFin ALCH-USDTshort | +0.0874% | 4h | 0.05118 | +0.056% | $401K | $113K | 10x | |
| Binance ALCHUSDT | +0.0889% | 4h | 0.05127 | +0.233% | $6.1M | $27.3M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0906% | 4h | 0.05114 | −0.023% | $4.9M | $2.4M | 100x | as long as short |
| BingX ALCH-USDT | +0.0942% | 4h | 0.05120 | +0.095% | — | $6.7M | — | as long as short |
| KuCoin ALCHUSDTM | +0.1236% | 4h | 0.05122 | +0.134% | $1.2M | $274K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
BingX ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDlong | +0.3915% | 1h | 0.05115 | long leg | $12K | $33K | 10x |