Funding you earn now, next payment 07:00 UTC−0.2194%/8h= −240.2% APRpaid last 24h −0.485%
Price spread now: Kraken Futures against BloFin+0.075%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
The price spread pays, funding is against you. Kraken Futures is 0.075% dearer against BloFin than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$66 a day in funding at the current rate, which eats that in about 3 hours. 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 BAND-USDT | 0.2142 | 0.0072 | pay 0.0072% / 8h | 1h 56m | $74K | $8K | 50x |
| Short | Kraken Futures PF_BANDUSD | 0.2144 | −0.2122 | pay 0.0265% / 1h | 56m 08s | $20K | $1K | 10x |
BloFin BAND-USDT
Kraken Futures PF_BANDUSDFunding 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
- −$460.74
- Price spread: +0.075% → 0.000%
- $7.55
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$475.19
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
BloFin and 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.
BAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSDshort | −0.2122% | 1h | 0.2144 | +0.075% | $20K | $1K | 10x | |
| BloFin BAND-USDTlong | +0.0072% | 8h | 0.2142 | long leg | $74K | $8K | 50x | |
| Binance BANDUSDT | +0.0100% | 8h | 0.2144 | +0.108% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2146 | +0.187% | $303K | $181K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2143 | +0.047% | $230K | $406K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2157 | +0.700% | $199K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2144 | +0.093% | $344K | $148K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2147 | +0.233% | $748K | $59K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2145 | +0.140% | $802K | $103K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2152 | +0.448% | $7K | $963 | — | as long as short |
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND