Funding you earn now, next payment 07:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.037%
Price spread now: BloFin against Kraken Futures−0.084%57s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$510.510% of the position
Funding, last 7 days+0.335%+$33 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.084%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.335%, so the current rate has only just turned against you. 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_FILUSD | 0.9970 | 0.0245 | pay 0.0031% / 1h | 58m 07s | $1.4M | $2.2M | 50x |
| Short | BloFin FIL-USDT | 0.9962 | 0.0220 | get 0.0220% / 8h | 1h 58m | $2.7M | $699K | 75x |
Kraken Futures PF_FILUSD
BloFin FIL-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
- −$5.22
- Price spread: −0.084% → −0.026%
- −$5.81
- Slippage, 4 orders
- −$29.04
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.07
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, just now; BloFin: live order book, 5 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, just now | 5.51 bp | 17.9 bp −$18 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.00 bp | 10.1 bp −$10 | 13.1 bp −$131 | 31.7 bp −$3,172 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0451% | 1h | 0.9973 | +0.026% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 1.0012 | +0.417% | $357K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9974 | +0.035% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9974 | +0.031% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.158% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0048% | 8h | 0.9965 | −0.054% | $18.1M | $110.0M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0062% | 8h | 0.9970 | −0.004% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9964 | −0.067% | $148K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9966 | −0.046% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9970 | −0.007% | $509K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9966 | −0.045% | $56.3M | $187.8M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9963 | −0.074% | $15.7M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9973 | +0.026% | $8.3M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9964 | −0.064% | $235K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9962 | −0.084% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9964 | −0.064% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9970 | −0.008% | $452K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9972 | +0.017% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9972 | +0.019% | $295K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | +0.096% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9980 | +0.097% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | −0.004% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9965 | −0.054% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9993 | +0.226% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | −0.105% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9969 | −0.016% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9962 | −0.084% | $2.7M | $699K | 75x | |
| Kraken Futures PF_FILUSDlong | +0.0245% | 1h | 0.9970 | long leg | $1.4M | $2.2M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0604% / S −0.0280% | 1h | 0.9974 | +0.041% | $267K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
GMX FIL/USD [WBTC.b-USDC]