Funding you earn now, next payment 01:00 UTC+0.0441%/8h= +48.3% APRpaid last 24h +0.281%
Price spread now: BingX against Kraken Futures+0.017%7-day average −0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.316%−$132 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.017%, 7d avg −0.120%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.137% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.120%. Mind the row above: over the last 7 days funding on this pair cost −1.316%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BATUSD | 0.08415 | −0.0341 | get 0.0043% / 1h | 40m 28s | $115K | $17K | 10x |
| Short | BingX BAT-USDT | 0.08416 | 0.0100 | get 0.0100% / 8h | 7h 40m | — | $1.3M | — |
Kraken Futures PF_BATUSD
BingX BAT-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
- $92.68
- Price spread: +0.017% → −0.120%
- $13.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $86.38
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: live order book, 32 min ago; BingX: live order book, 10 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 live order book, 32 min ago | 16.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.77 bp | 20.4 bp −$20 | 55.6 bp −$556 | 369.8 bp −$37.0K | 427.9 bp −$213.9K |
BAT 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_BATUSDlong | −0.0341% | 1h | 0.08415 | long leg | $115K | $17K | 10x | |
| Binance BATUSDT | +0.0100% | 8h | 0.08413 | −0.023% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08419 | +0.053% | $1.1M | $448K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08408 | −0.078% | $533K | $468K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08420 | +0.065% | $84K | $53K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08414 | −0.007% | $876K | $625K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08430 | +0.183% | $265K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08417 | +0.029% | $686K | $187K | 50x | as long as short |
| BingX BAT-USDTshort | +0.0100% | 8h | 0.08416 | +0.017% | — | $1.3M | — | |
| Variational Omni BAT | +0.0100% | 8h | 0.08419 | +0.049% | $114K | $78 | — | as long as short |
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0111% | 8h | 0.08415 | +0.005% | $99K | $22K | 50x | as long as short |
BloFin BAT-USDT