Funding you earn now, next payment 23:00 UTC−0.1097%/8h= −120.1% APRpaid last 24h −0.288%
Price spread now: Kraken Futures against BingX+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.042% dearer against BingX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008320 | 0.0100 | pay 0.0050% / 4h | 1h 36m | — | $1.2M | — |
| Short | Kraken Futures PF_GMTUSD | 0.008323 | −0.0997 | pay 0.0125% / 1h | 36m 43s | $45K | $10K | 20x |
BingX GMT-USDT
Kraken Futures PF_GMTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$230.42
- Price spread: +0.042% → 0.000%
- $4.17
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$246.25
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 6.01 bp | 26.9 bp −$27 | 67.6 bp −$676 | 575.8 bp −$57.6K | 858.4 bp −$429.2K |
| 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.
GMT 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_GMTUSDshort | −0.0997% | 1h | 0.008323 | +0.042% | $45K | $10K | 20x | |
| KuCoin GMTUSDTM | −0.0040% | 4h | 0.008310 | −0.120% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008320 | 0.000% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008323 | +0.033% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008319 | −0.011% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008315 | −0.060% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008316 | −0.048% | $343K | $551K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008330 | +0.120% | $147K | $104K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008321 | +0.012% | $421K | $184K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008322 | +0.024% | $670K | $400K | 50x | as long as short |
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008320 | long leg | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008325 | +0.061% | $3K | $5K | — | as long as short |
Variational Omni GMT