Funding you earn now, next payment 12:00 UTC−0.2791%/8h= −305.6% APRpaid last 24h −0.132%
Price spread now: Kraken Futures against BloFin+0.180%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1301.295% of the position
Funding, last 7 days−0.546%−$55 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.180%, 7d avg +0.148%
=The price spread pays, funding is against you. Kraken Futures is 0.031% dearer against BloFin than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.148%): +$3 on $10k if it goes back. Holding the pair costs −$84 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−0.546% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.546% in total (about -28.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EGLD-USDT | 4.3930 | 0.0220 | pay 0.0220% / 8h | 4h 09m | $210K | $526K | 75x |
| Short | Kraken Futures PF_EGLDUSD | 4.4009 | −0.2571 | pay 0.0321% / 1h | 9m 12s | $435K | $401K | 20x |
BloFin EGLD-USDT
Kraken Futures PF_EGLDUSDFunding 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
- −$586.11
- Price spread: +0.180% → +0.148%
- $3.14
- Slippage, 4 orders
- −$107.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$712.5
- Costs to cover
- 1.295%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Kraken Futures: live order book, 32 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, 30 min ago | 2.30 bp | 15.1 bp −$15 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 18.35 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSDshort | −0.2571% | 1h | 4.4009 | +0.180% | $435K | $401K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.686% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3920 | −0.023% | $4.5M | $16.0M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3920 | −0.023% | $2.5M | $5.3M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3980 | +0.114% | $444K | $278K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3930 | 0.000% | $4.3M | $2.4M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3940 | +0.023% | $2.9M | $694K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3930 | 0.000% | $2.2M | $2.5M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3723 | −0.471% | $16K | $37K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.3930 | long leg | $210K | $526K | 75x |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0269% | 8h | 4.3950 | +0.046% | — | $2.7M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0285% | 8h | 4.3940 | +0.023% | $582K | $2.5M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP