Funding you earn now, next payment 05:00 UTC−0.9903%/8h= −1084.4% APRnext payment −$12.38 per $10,000 · paid last 24h −4.443%
Price spread now: Bluefin against Kraken Futures−0.969%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
Both sides work against this trade now: funding costs −$297 a day on $10k at the current rate, and Bluefin is 0.969% cheaper against Kraken Futures than usual: you would sell low and buy high (−$97 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.01973 | 0.2218 | pay 0.0277% / 1h | 56m 26s | $7K | $9K | 10x |
| Short | Bluefin DEEP-PERP | 0.01954 | −0.7685 | pay 0.0961% / 1h | 56m 26s | $80K | $13K | 20x |
Kraken Futures PF_DEEPUSD
Bluefin DEEP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$2,079.67
- Price spread: −0.969% → 0.000%
- −$96.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$2,193.54
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bluefin: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Kraken Futures and Bluefin: 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-PERPshort | −0.7685% | 1h | 0.01954 | −0.969% | $80K | $13K | 20x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01972 | −0.069% | $2.1M | $6.2M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01963 | −0.513% | $4.2M | $2.8M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01970 | −0.158% | $305K | $88K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01971 | −0.107% | $1.1M | $462K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01974 | +0.045% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01971 | −0.107% | $820K | $580K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01972 | −0.056% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01968 | −0.251% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01970 | −0.158% | $4K | $203K | 5x | as long as short |
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0107% | 8h | 0.01968 | −0.259% | $137K | $33K | 50x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +0.2218% | 1h | 0.01973 | long leg | $7K | $9K | 10x |
BloFin DEEP-USDT