Funding you earn now, next payment 09:00 UTC+0.1121%/8h= +122.7% APRpaid last 24h +0.083%
Price spread now: BingX against Kraken Futures−0.191%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1141.144% of the position
Funding, last 7 days+1.105%+$111 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now −0.191%, 7d avg −0.149%
=Funding pays, the price is against you. BingX is 0.042% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.191% now, against its 7-day average of −0.149%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+1.105% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3904 | −0.0729 | get 0.0091% / 1h | 56m 36s | $439K | $563K | 20x |
| Short | BingX EGLD-USDT | 4.3820 | 0.0392 | get 0.0392% / 8h | 7h 56m | — | $2.8M | — |
Kraken Futures PF_EGLDUSD
BingX EGLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $235.38
- Price spread: −0.191% → −0.149%
- −$4.23
- Slippage, 4 orders
- −$94.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $116.71
- Costs to cover
- 1.144%
- Break-even
- 3.5 days
Slippage from Kraken Futures: live order book, 41 min ago; BingX: live order book, 8 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, 41 min ago | 13.73 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.85 bp | 23.3 bp −$23 | 52.3 bp −$523 | 265.6 bp −$26.6K | 914.2 bp −$457.1K |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSDlong | −0.0729% | 1h | 4.3904 | long leg | $439K | $563K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.636% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3791 | −0.257% | $4.5M | $19.2M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3800 | −0.237% | $2.5M | $6.4M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3840 | −0.146% | $448K | $455K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3800 | −0.237% | $4.0M | $2.3M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3870 | −0.078% | $2.8M | $922K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3820 | −0.191% | $2.2M | $3.1M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3799 | −0.239% | $16K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3710 | −0.442% | $212K | $552K | 75x | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTshort | +0.0392% | 8h | 4.3820 | −0.191% | — | $2.8M | — | |
| OKX EGLD-USDT-SWAP | +0.0401% | 8h | 4.3770 | −0.305% | $597K | $3.2M | 20x | as long as short |
OKX EGLD-USDT-SWAP