Settings8H · net · $10k
Funding arb · Price arb /

BAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0607%/8h= −66.5% APRpaid last 24h −0.290%
Price spread now: Kraken Futures against BloFin+0.153%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.402%+$140 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.153% dearer against BloFin than usual: you sell high and buy low (spread +0.153% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +1.402%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BAT-USDT0.083840.0083pay 0.0083% / 8h1h 06m$98K$35K50x
ShortKraken Futures PF_BATUSD0.08397−0.0524pay 0.0065% / 1h6m 44s$115K$7K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$127.44
Price spread: +0.153% → 0.000%
$15.33
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$134.12
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Kraken Futures: live order book, 35 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Kraken Futures live order book, 35 min ago14.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
BloFin: 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.

BAT on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BATUSDshort−0.0524%1h0.08397+0.153%$115K$7K10x
BloFin BAT-USDTlong+0.0083%8h0.08384long leg$98K$35K50x
Binance BATUSDT+0.0100%8h0.08391+0.085%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08396+0.143%$1.1M$497K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08387+0.036%$526K$410K20xas long as short
Gate BAT_USDT+0.0100%8h0.08386+0.024%$83K$30K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08391+0.083%$942K$657K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08390+0.072%$261K$63K20xas long as short
Bitget BATUSDT+0.0100%8h0.08393+0.107%$689K$195K50xas long as short
BingX BAT-USDT+0.0100%8h0.08393+0.107%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08385+0.017%$114K$78as long as short