Funding you earn now, next payment 09:00 UTC+0.0815%/8h= +89.3% APRpaid last 24h +0.245%
Price spread now: BingX against Kraken Futures−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$24 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.7452 | −0.0715 | get 0.0089% / 1h | 18m 12s | $8K | $3K | 10x |
| Short | BingX AUCTION-USDT | 3.7450 | 0.0100 | get 0.0050% / 4h | 3h 18m | — | $16.7M | — |
Kraken Futures PF_AUCTIONUSD
BingX AUCTION-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
- $171.22
- Price spread: −0.005% → 0.000%
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $150.74
- Costs to cover
- 0.200%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 5 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, 5 min ago | 6.69 bp | 27.0 bp −$27 | 74.8 bp −$748 | 496.1 bp −$49.6K | 665.9 bp −$333.0K |
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.
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSDlong | −0.0715% | 1h | 3.7452 | long leg | $8K | $3K | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7438 | −0.037% | $719 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7481 | +0.078% | $2.5M | $2.0M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7470 | +0.049% | $573K | $345K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7450 | −0.005% | $796K | $739K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7400 | −0.138% | $103K | $74K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7450 | −0.005% | $433K | $155K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7410 | −0.112% | $347K | $132K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7440 | −0.032% | $368K | $177K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.7450 | −0.005% | — | $16.7M | — |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7405 | −0.126% | $173 | $38 | — | as long as short |
Variational Omni AUCTION