Funding arb · Price arb /

BIGTIME

all BIGTIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+3.9843%/8h= +4362.8% APRpaid last 24h −1.693%

Price spread now: Kraken Futures against BloFin+0.533%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1,195 a day on $10k at the current rate, and Kraken Futures is 0.533% dearer against BloFin than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet). 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 BIGTIME-USDT	0.008203	0.0144	pay 0.0072% / 4h	2h 36m	$90K	$10K	50x
Short	Kraken Futures PF_BIGTIMEUSD	0.008247	3.9987	get 0.4998% / 1h	36m 17s	$8K	$7K	10x

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

Position, each leg$Hold fordaysFee BloFinbpFee Kraken FuturesbpOrdersPrice spread, now +0.533%Rate

Funding earned: $8,367.06
Price spread: +0.533% → 0.000%: $53.3
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8,398.37
Costs to cover: 0.220%
Break-even: from the start

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.

BIGTIME on 12 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
Hyperliquid BIGTIME	+0.0100%	1h	0.008212	+0.110%	$126K	$93K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008208	+0.064%	$1.8M	$2.2M	50x	as long as short
Bybit BIGTIMEUSDT	+0.0100%	4h	0.008214	+0.134%	$698K	$653K	25x	as long as short
OKX BIGTIME-USDT-SWAP	+0.0100%	4h	0.008209	+0.073%	$432K	$349K	10x	as long as short
Gate BIGTIME_USDT	+0.0100%	4h	0.008200	−0.037%	$60K	$32K	50x	as long as short
MEXC BIGTIME_USDT	+0.0100%	4h	0.008208	+0.061%	$458K	$182K	125x	as long as short
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008210	+0.085%	$235K	$30K	20x	as long as short
Bitget BIGTIMEUSDT	+0.0100%	4h	0.008210	+0.085%	$549K	$228K	50x	as long as short
BingX BIGTIME-USDT	+0.0100%	4h	0.008208	+0.061%	—	$2.3M	—	as long as short
Variational Omni BIGTIME	+0.0100%	4h	0.008215	+0.142%	$10K	$555	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BIGTIME-USDTlong	+0.0144%	4h	0.008203	long leg	$90K	$10K	50x
Kraken Futures PF_BIGTIMEUSDshort	+3.9987%	1h	0.008247	+0.533%	$8K	$7K	10x