Funding you earn now, next payment 22:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.135%
Price spread now: Kraken Futures against BloFin+0.104%57s7-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 +$2 a day on $10k at the current rate, and Kraken Futures is 0.104% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALT-USDT | 0.007467 | 0.0135 | pay 0.0067% / 4h | 2h 01m | $172K | $9K | 50x |
| Short | Kraken Futures PF_ALTUSD | 0.007475 | 0.0201 | get 0.0025% / 1h | 1m 31s | $44K | $8K | 10x |
BloFin ALT-USDT
Kraken Futures PF_ALTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $13.9
- Price spread: +0.104% → 0.000%
- $10.44
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2.34
- Costs to cover
- 0.220%
- Break-even
- 5.8 days
Slippage unknown: BloFin: live order book, 13 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 BloFin live order book, 13 min ago | 2.01 bp | 28.4 bp −$28 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.0297% | 4h | 0.007461 | −0.085% | $4K | $12K | — | as long as short |
| Bybit ALTUSDT | −0.0178% | 4h | 0.007456 | −0.147% | $1.2M | $1.6M | 25x | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.0018% | 1h | 0.007463 | −0.054% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.152% | $815 | $4K | 5.5x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007459 | −0.107% | $1.1M | $186K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007461 | −0.080% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007464 | −0.040% | $51K | $418K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007461 | −0.080% | $379K | $200K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007469 | +0.027% | $149K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007453 | −0.187% | $612K | $100K | 50x | as long as short |
Variational Omni ALT
Bybit ALTUSDT
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007459 | −0.107% | — | $1.3M | — | as long as short |
| BloFin ALT-USDTlong | +0.0135% | 4h | 0.007467 | long leg | $172K | $9K | 50x | |
| Kraken Futures PF_ALTUSDshort | +0.0201% | 1h | 0.007475 | +0.104% | $44K | $8K | 10x | |
| Coinbase International ALT-PERP-INTX | +0.0384% | 1h | 0.007486 | +0.254% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Coinbase International ALT-PERP-INTX