Funding arb · Price arb /

BIGTIME

all BIGTIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+2.0505%/8h= +2245.3% APRpaid last 24h −1.186%

Price spread now: Kraken Futures against OKX+0.283%7-day average — · you sell dearer than you buy

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

Long on OKX 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 +$615 a day on $10k at the current rate, and Kraken Futures is 0.283% dearer against OKX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BIGTIME-USDT-SWAP	0.008260	0.0100	pay 0.0050% / 4h	1h 06m	$435K	$340K	10x
Short	Kraken Futures PF_BIGTIMEUSD	0.008283	2.0605	get 0.2576% / 1h	6m 53s	$8K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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 OKXbpFee Kraken FuturesbpOrdersPrice spread, now +0.283%Rate

Funding earned: $4,306.08
Price spread: +0.283% → 0.000%: $28.25
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $4,314.34
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: OKX: live order book, 34 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 OKX live order book, 34 min ago	3.04 bp	44.2 bp −$44	doesn't fit	doesn't fit	doesn't fit
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.

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
BloFin BIGTIME-USDT	+0.0090%	4h	0.008256	−0.048%	$90K	$11K	50x	as long as short
Hyperliquid BIGTIME	+0.0100%	1h	0.008270	+0.121%	$128K	$87K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008267	+0.082%	$1.8M	$2.3M	50x	as long as short
Bybit BIGTIMEUSDT	+0.0100%	4h	0.008261	+0.012%	$665K	$683K	25x	as long as short
OKX BIGTIME-USDT-SWAPlong	+0.0100%	4h	0.008260	long leg	$435K	$340K	10x
Gate BIGTIME_USDT	+0.0100%	4h	0.008259	−0.012%	$61K	$30K	50x	as long as short
MEXC BIGTIME_USDT	+0.0100%	4h	0.008266	+0.073%	$452K	$185K	125x	as long as short
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008257	−0.036%	$232K	$28K	20x	as long as short
Bitget BIGTIMEUSDT	+0.0100%	4h	0.008270	+0.121%	$557K	$198K	50x	as long as short
BingX BIGTIME-USDT	+0.0100%	4h	0.008262	+0.024%	—	$2.3M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BIGTIME	+0.0100%	4h	0.008255	−0.061%	$10K	$555	—	as long as short
Kraken Futures PF_BIGTIMEUSDshort	+2.0605%	1h	0.008283	+0.283%	$8K	$7K	10x