Funding you earn now, next payment 08:00 UTC+0.0726%/8h= +79.5% APRpaid last 24h +0.141%
Price spread now: Kraken Futures against BloFin−0.211%7-day average +0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
Funding, last 7 days+0.546%+$55 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.211%, 7d avg +0.149%
=Funding pays, the price is against you. Kraken Futures is 0.361% cheaper against BloFin than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of +0.149%). If the spread goes back, that is −$36 on $10k: about 40 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.546% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1357 | 0.0123 | pay 0.0123% / 8h | 39m 07s | $291K | $30K | 75x |
| Short | Kraken Futures PF_DYDXUSD | 0.1354 | 0.0849 | get 0.0106% / 1h | 39m 07s | $306K | $321K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $152.47
- Price spread: −0.211% → +0.149%
- −$36.06
- Slippage, 4 orders
- −$140.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$46.35
- Costs to cover
- 1.628%
- Break-even
- 9.1 days
Slippage from BloFin: live order book, 23 min ago; Kraken Futures: live order book, 64 min ago.
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 BloFin live order book, 23 min ago | 11.07 bp | 20.5 bp −$21 | 49.7 bp −$497 | 370.1 bp −$37.0K | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 12.21 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0058% | 1h | 0.1353 | −0.295% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1354 | −0.221% | $60K | $50K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1355 | −0.155% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.244% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.260% | $5.2M | $7.9M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.310% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1354 | −0.228% | $2.1M | $3.0M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1354 | −0.221% | $52K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.332% | $377K | $427K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.295% | $2.9M | $781K | 125x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | −0.221% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.221% | $1.4M | $895K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1353 | −0.295% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1353 | −0.296% | $1K | $404K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1353 | −0.278% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDTlong | +0.0123% | 8h | 0.1357 | long leg | $291K | $30K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1353 | −0.297% | $918 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0489% | 1h | 0.1354 | −0.221% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0849% | 1h | 0.1354 | −0.211% | $306K | $321K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1363 | +0.442% | $17K | $27K | 50x | as long as short |
| dYdX DYDX-USD | +0.7129% | 1h | 0.1352 | −0.396% | $77K | $2K | 5x | as long as short |
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSD
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX