Funding you earn now, next payment 08:00 UTC+0.0857%/8h= +93.9% APRpaid last 24h −0.033%
Price spread now: Kraken Futures against BingX−0.486%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
Funding pays, the price is against you. Kraken Futures is 0.486% cheaper against BingX than usual: you would sell low and buy high (spread −0.486% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 45 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOKIE-USDT | 0.01329 | 0.0100 | pay 0.0050% / 4h | 53m 11s | — | $6.6M | — |
| Short | Kraken Futures PF_COOKIEUSD | 0.01323 | 0.0957 | get 0.0120% / 1h | 53m 11s | $15K | $48K | 10x |
BingX COOKIE-USDT
Kraken Futures PF_COOKIEUSDFunding 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
- $180.03
- Price spread: −0.486% → 0.000%
- −$48.57
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $111.46
- Costs to cover
- 0.200%
- Break-even
- 2.7 days
Slippage unknown: BingX: live order book, 14 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, 14 min ago | 7.54 bp | 45.3 bp −$45 | 176.5 bp −$1,765 | 497.2 bp −$49.7K | 709.1 bp −$354.5K |
| 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.
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01318 | −0.823% | $2.5M | $13.7M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01317 | −0.925% | $1.1M | $2.3M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01324 | −0.399% | $141K | $313K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01320 | −0.700% | $673K | $443K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01323 | −0.474% | $232K | $204K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01327 | −0.173% | $405K | $406K | 5x | as long as short |
| BingX COOKIE-USDTlong | +0.0100% | 4h | 0.01329 | long leg | — | $6.6M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01322 | −0.586% | $14K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSDshort | +0.0957% | 1h | 0.01323 | −0.486% | $15K | $48K | 10x |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
Variational Omni COOKIE