Funding you earn now, next payment 06:00 UTC−0.2592%/8h= −283.8% APRpaid last 24h −0.118%
Price spread now: BingX against Kraken Futures−0.390%53s7-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 −$78 a day on $10k at the current rate, and BingX is 0.390% cheaper against Kraken Futures than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | Kraken Futures PF_API3USD | 0.2616 | 0.2692 | pay 0.0337% / 1h | 43m 25s | $13K | $3K | 10x |
| Short | BingX API3-USDT | 0.2606 | 0.0100 | get 0.0050% / 4h | 2h 43m | — | $6.7M | — |
Kraken Futures PF_API3USD
BingX API3-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
- −$544.35
- Price spread: −0.390% → 0.000%
- −$38.99
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$603.34
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 4 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, 4 min ago | 7.66 bp | 36.6 bp −$37 | 81.3 bp −$813 | 470.7 bp −$47.1K | 527.2 bp −$263.6K |
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.
API3 on 12 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 API3-USDT | +0.0063% | 4h | 0.2608 | −0.313% | $133K | $22K | 50x | as long as short |
| Aster API3USDT | +0.0100% | 4h | 0.2607 | −0.361% | $2K | $4K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2605 | −0.416% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2609 | −0.275% | $981K | $393K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2603 | −0.505% | $646K | $504K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2609 | −0.275% | $125K | $114K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2605 | −0.428% | $455K | $286K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2605 | −0.428% | $1.0M | $243K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2607 | −0.352% | $645K | $189K | 20x | as long as short |
| BingX API3-USDTshort | +0.0100% | 4h | 0.2606 | −0.390% | — | $6.7M | — |
BloFin API3-USDT
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni API3 | +0.0100% | 4h | 0.2611 | −0.197% | $6K | $1 | — | as long as short |
| Kraken Futures PF_API3USDlong | +0.2692% | 1h | 0.2616 | long leg | $13K | $3K | 10x |
Variational Omni API3