Settings8H · net · $10k
Funding arb · Price arb /

FLUX

all FLUX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.2410%/8h= −263.9% APRpaid last 24h −0.565%
Price spread now: Kraken Futures against Bitget−0.032%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$72 a day on $10k at the current rate, and Kraken Futures is 0.032% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FLUXUSDT0.062500.0100pay 0.0050% / 4h2h 27m$289K$138K50x
ShortKraken Futures PF_FLUXUSD0.06248−0.2310pay 0.0289% / 1h27m 17s$6K$24910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$506.02
Price spread: −0.032% → 0.000%
−$3.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$531.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 33 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 33 min ago13.64 bp46.0 bp −$46607.6 bp −$6,076doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FLUX on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_FLUXUSDshort−0.2310%1h0.06248−0.032%$6K$24910x
Aster FLUXUSDT−0.0523%4h0.06271+0.329%$40K$4095xas long as short
Gate FLUX_USDT−0.0042%4h0.06235−0.240%$43K$21K20xas long as short
Binance FLUXUSDT+0.0100%4h0.06243−0.112%$1.2M$1.4M50xas long as short
Bybit FLUXUSDT+0.0100%4h0.06246−0.064%$285K$253K20xas long as short
MEXC FLUX_USDT+0.0100%4h0.06244−0.096%$4.8M$134K100xas long as short
KuCoin FLUXUSDTM+0.0100%4h0.06248−0.032%$207K$53K30xas long as short
Bitget FLUXUSDTlong+0.0100%4h0.06250long leg$289K$138K50x
BingX FLUX-USDT+0.0100%4h0.06245−0.080%$1.3Mas long as short
Variational Omni FLUX+0.0100%4h0.06253+0.048%$6K$40as long as short