Funding you earn now, next payment 05:00 UTC−0.2165%/8h= −237.0% APRpaid last 24h −4.406%
Price spread now: BloFin against Kraken Futures−0.037%57s7-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
Both sides work against this trade now: funding costs −$65 a day on $10k at the current rate, and BloFin is 0.037% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Kraken Futures PF_DEEPUSD | 0.01949 | 0.2246 | pay 0.0281% / 1h | 8m 19s | $8K | $10K | 10x |
| Short | BloFin DEEP-USDT | 0.01948 | 0.0081 | get 0.0081% / 8h | 3h 08m | $136K | $32K | 50x |
Kraken Futures PF_DEEPUSD
BloFin DEEP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$454.61
- Price spread: −0.037% → 0.000%
- −$3.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$480.32
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 11 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 11 min ago | 10.22 bp | 24.0 bp −$24 | 97.9 bp −$979 | doesn't fit | doesn't fit |
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.
DEEP 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.5816% | 1h | 0.01948 | −0.037% | $79K | $11K | 20x | as long as short |
| BloFin DEEP-USDTshort | +0.0081% | 8h | 0.01948 | −0.037% | $136K | $32K | 50x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01949 | +0.014% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01944 | −0.242% | $4.2M | $2.8M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01945 | −0.191% | $301K | $89K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01948 | −0.037% | $1.0M | $468K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01949 | +0.014% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01950 | +0.066% | $810K | $578K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01950 | +0.066% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01944 | −0.235% | $12K | $9K | — | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.01948 | −0.030% | $3K | $224K | 5x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +0.2246% | 1h | 0.01949 | long leg | $8K | $10K | 10x |
Extended DEEP-USD