Funding you earn now, next payment 05:00 UTC−0.0666%/8h= −72.9% APRpaid last 24h −0.156%
Price spread now: Kraken Futures against BingX+0.126%53s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.126% dearer against BingX than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 15 hours. The two prices were read 53 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 | BingX CGPT-USDT | 0.02155 | 0.0100 | pay 0.0050% / 4h | 3h 30m | — | $1.3M | — |
| Short | Kraken Futures PF_CGPTUSD | 0.02158 | −0.0566 | pay 0.0071% / 1h | 30m 28s | $2K | $2K | 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
- −$139.89
- Price spread: +0.126% → 0.000%
- $12.63
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$147.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 1 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, 1 min ago | 9.27 bp | 36.6 bp −$37 | 176.8 bp −$1,768 | 712.5 bp −$71.3K | 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.
CGPT on 10 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_CGPTUSDshort | −0.0566% | 1h | 0.02158 | +0.126% | $2K | $2K | 10x | |
| Binance CGPTUSDT | +0.0100% | 4h | 0.02154 | −0.069% | $1.6M | $1.7M | 50x | as long as short |
| Bybit CGPTUSDT | +0.0100% | 4h | 0.02157 | +0.102% | $365K | $214K | 25x | as long as short |
| Gate CGPT_USDT | +0.0100% | 4h | 0.02158 | +0.139% | $184K | $53K | 50x | as long as short |
| MEXC CGPT_USDT | +0.0100% | 4h | 0.02154 | −0.046% | $424K | $131K | 100x | as long as short |
| KuCoin CGPTUSDTM | +0.0100% | 4h | 0.02158 | +0.139% | $244K | $21K | 30x | as long as short |
| Bitget CGPTUSDT | +0.0100% | 4h | 0.02156 | +0.046% | $599K | $97K | 50x | as long as short |
| BingX CGPT-USDTlong | +0.0100% | 4h | 0.02155 | long leg | — | $1.3M | — | |
| Variational Omni CGPT | +0.0100% | 4h | 0.02158 | +0.145% | $15K | $2K | — | as long as short |
| Extended CGPT-USD | +0.0104% | 1h | 0.02155 | −0.022% | $15K | $305K | 5x | as long as short |
BingX CGPT-USDT
Kraken Futures PF_CGPTUSD
Binance CGPTUSDT
Bybit CGPTUSDT
Gate CGPT_USDT
MEXC CGPT_USDT
KuCoin CGPTUSDTM
Bitget CGPTUSDT
Variational Omni CGPT
Extended CGPT-USD