Funding you earn now, next payment 09:00 UTC−0.0945%/8h= −103.5% APRpaid last 24h −0.124%
Price spread now: BloFin against Kraken Futures−0.104%57s7-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 −$28 a day on $10k at the current rate, and BloFin is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Kraken Futures PF_BANANAUSD | 4.1073 | 0.1086 | pay 0.0136% / 1h | 37m 50s | $7K | $2K | 10x |
| Short | BloFin BANANA-USDT | 4.1030 | 0.0141 | get 0.0070% / 4h | 3h 37m | $112K | $16K | 25x |
Funding 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
- −$198.54
- Price spread: −0.104% → 0.000%
- −$10.36
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$230.9
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 26 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, 26 min ago | 9.74 bp | 23.4 bp −$23 | 86.9 bp −$869 | 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.
BANANA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BANANA | +0.0100% | 1h | 4.1074 | +0.003% | $177K | $62K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.1040 | −0.079% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDT | +0.0100% | 4h | 4.1050 | −0.055% | $426K | $428K | 25x | as long as short |
| Gate BANANA_USDT | +0.0100% | 8h | 4.1060 | −0.031% | $63K | $51K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.1030 | −0.104% | $571K | $175K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.1070 | −0.006% | $158K | $33K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.1050 | −0.055% | $260K | $34K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.1050 | −0.055% | — | $11.6M | — | as long as short |
| BloFin BANANA-USDTshort | +0.0141% | 4h | 4.1030 | −0.104% | $112K | $16K | 25x | |
| Kraken Futures PF_BANANAUSDlong | +0.1086% | 1h | 4.1073 | long leg | $7K | $2K | 10x |
Kraken Futures PF_BANANAUSD
BloFin BANANA-USDT
Hyperliquid BANANA
Binance BANANAUSDT
Bybit BANANAUSDT
Gate BANANA_USDT
MEXC BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT