Funding you earn now, next payment 11:00 UTC−0.0420%/8h= −46.0% APRpaid last 24h −0.245%
Price spread now: Kraken Futures against BingX−0.117%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
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.117% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BB-USDT | 0.008842 | 0.0256 | pay 0.0128% / 4h | 1h 31m | — | $1.3M | — |
| Short | Kraken Futures PF_BBUSD | 0.008832 | −0.0164 | pay 0.0021% / 1h | 31m 32s | $21K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$88.25
- Price spread: −0.117% → 0.000%
- −$11.68
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$119.92
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 min ago; 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 BingX live order book, 7 min ago | 9.00 bp | 28.6 bp −$29 | 109.3 bp −$1,093 | 650.5 bp −$65.1K | 980.2 bp −$490.1K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
BB on 9 exchanges
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_BBUSDshort | −0.0164% | 1h | 0.008832 | −0.117% | $21K | $3K | 10x | |
| Aster BBUSDT | +0.0100% | 4h | 0.008840 | −0.027% | $13K | $12K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.008843 | +0.011% | $3.2M | $6.8M | 50x | as long as short |
| Bybit BBUSDT | +0.0100% | 4h | 0.008846 | +0.045% | $664K | $685K | 25x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.008810 | −0.362% | $127K | $185K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.008843 | +0.011% | $1.3M | $529K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.008850 | +0.090% | $425K | $101K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.008860 | +0.204% | $334K | $475K | 50x | as long as short |
| BingX BB-USDTlong | +0.0256% | 4h | 0.008842 | long leg | — | $1.3M | — |
BingX BB-USDT
Kraken Futures PF_BBUSD
Aster BBUSDT
Binance BBUSDT
Bybit BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT