Funding you earn now, next payment 01:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h −0.081%
Price spread now: BloFin against Kraken Futures+0.078%57s7-day average −0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days−0.474%−$47 on $10k
+Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.078%, 7d avg −0.155%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.233% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.155%. Mind the row above: over the last 7 days funding on this pair cost −0.474%, so the current rate has only just turned in your favour. 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_DYDXUSD | 0.1392 | 0.0095 | pay 0.0012% / 1h | 8m 07s | $314K | $334K | 20x |
| Short | BloFin DYDX-USDT | 0.1393 | 0.0122 | get 0.0122% / 8h | 7h 08m | $298K | $11K | 75x |
Kraken Futures PF_DYDXUSD
BloFin DYDX-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
- $5.64
- Price spread: +0.078% → −0.155%
- $23.3
- Slippage, 4 orders
- −$78.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.94
- Costs to cover
- 1.009%
- Break-even
- 96.2 days
Slippage from Kraken Futures: live order book, 65 min ago; BloFin: live order book, 59 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 Kraken Futures live order book, 65 min ago | 6.15 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 3.61 bp | 29.6 bp −$30 | 61.3 bp −$613 | 282.7 bp −$28.3K | 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 | −0.0214% | 1h | 0.1390 | −0.137% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1390 | −0.137% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0095% | 1h | 0.1392 | long leg | $314K | $334K | 20x | |
| Lighter DYDX | +0.0096% | 1h | 0.1391 | −0.051% | $63K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1393 | +0.057% | $2.1M | $733K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.090% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.068% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.123% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1391 | −0.094% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1392 | +0.006% | $54K | $20K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1390 | −0.144% | $385K | $462K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1390 | −0.137% | $3.1M | $918K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1392 | +0.006% | $2.4M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.065% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1391 | −0.065% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1390 | −0.109% | $3K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | −0.110% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDTshort | +0.0122% | 8h | 0.1393 | +0.078% | $298K | $11K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1390 | −0.113% | $943 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1394 | +0.150% | $18K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2580% | 1h | 0.1391 | −0.097% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD