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

BB

all BB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BB-USDT0.0088420.0256pay 0.0128% / 4h1h 31m$1.3M
ShortKraken Futures PF_BBUSD0.008832−0.0164pay 0.0021% / 1h31m 32s$21K$3K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago9.00 bp28.6 bp −$29109.3 bp −$1,093650.5 bp −$65.1K980.2 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSDshort−0.0164%1h0.008832−0.117%$21K$3K10x
Aster BBUSDT+0.0100%4h0.008840−0.027%$13K$12K5xas long as short
Binance BBUSDT+0.0100%4h0.008843+0.011%$3.2M$6.8M50xas long as short
Bybit BBUSDT+0.0100%4h0.008846+0.045%$664K$685K25xas long as short
Gate BB_USDT+0.0100%4h0.008810−0.362%$127K$185K50xas long as short
MEXC BB_USDT+0.0100%4h0.008843+0.011%$1.3M$529K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.008850+0.090%$425K$101K50xas long as short
Bitget BBUSDT+0.0100%4h0.008860+0.204%$334K$475K50xas long as short
BingX BB-USDTlong+0.0256%4h0.008842long leg$1.3M