Funding you earn now, next payment 02:00 UTC−0.0109%/8h= −11.9% APRpaid last 24h −0.111%
Price spread now: BingX against Kraken Futures−0.072%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.072% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007554 | 0.0209 | pay 0.0026% / 1h | 49m 54s | $44K | $8K | 10x |
| Short | BingX ALT-USDT | 0.007549 | 0.0100 | get 0.0050% / 4h | 2h 49m | — | $1.3M | — |
Kraken Futures PF_ALTUSD
BingX ALT-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
- −$22.82
- Price spread: −0.072% → 0.000%
- −$7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.03
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 10 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, 10 min ago | 3.99 bp | 21.7 bp −$22 | 56.8 bp −$568 | 526.8 bp −$52.7K | 750.7 bp −$375.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.0080% | 4h | 0.007547 | −0.099% | $173K | $10K | 50x | as long as short |
| Variational Omni ALT | +0.0083% | 4h | 0.007532 | −0.293% | $5K | $13K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007550 | −0.059% | $1.1M | $186K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007553 | −0.019% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007544 | −0.138% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007547 | −0.099% | $52K | $397K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007552 | −0.032% | $416K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007546 | −0.112% | $149K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007540 | −0.191% | $598K | $114K | 50x | as long as short |
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007549 | −0.072% | — | $1.3M | — |
BloFin ALT-USDT
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | +0.0147% | 1h | 0.007552 | −0.032% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSDlong | +0.0209% | 1h | 0.007554 | long leg | $44K | $8K | 10x | |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007598 | +0.577% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | +0.656% | $827 | $4K | 5.5x | as long as short |
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP