Funding you earn now, next payment 06:00 UTC+0.1227%/8h= +134.4% APRpaid last 24h +0.327%
Price spread now: BingX against Kraken Futures−0.125%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 0.125% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 8 hours of funding at the current rate (+$37 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008469 | −0.1177 | get 0.0147% / 1h | 20m 02s | $43K | $13K | 20x |
| Short | BingX GMT-USDT | 0.008458 | 0.0050 | get 0.0025% / 4h | 2h 20m | — | $1.3M | — |
Kraken Futures PF_GMTUSD
BingX GMT-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
- $257.77
- Price spread: −0.125% → 0.000%
- −$12.54
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $225.23
- Costs to cover
- 0.200%
- Break-even
- 0.9 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 8 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 6.55 bp | 30.0 bp −$30 | 73.1 bp −$731 | 493.6 bp −$49.4K | 899.2 bp −$449.6K |
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_GMTUSDlong | −0.1177% | 1h | 0.008469 | long leg | $43K | $13K | 20x | |
| Bybit GMTUSDT | −0.0455% | 8h | 0.008465 | −0.043% | $1.0M | $2.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0376% | 4h | 0.008460 | −0.102% | $390K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0347% | 8h | 0.008436 | −0.385% | $4K | $5K | — | as long as short |
| KuCoin GMTUSDTM | −0.0308% | 4h | 0.008450 | −0.220% | $246K | $184K | 50x | as long as short |
| Bitget GMTUSDT | +0.0042% | 4h | 0.008460 | −0.102% | $668K | $632K | 50x | as long as short |
| BingX GMT-USDTshort | +0.0050% | 4h | 0.008458 | −0.125% | — | $1.3M | — | |
| Aster GMTUSDT | +0.0088% | 4h | 0.008465 | −0.044% | $7K | $23K | 10x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008467 | −0.019% | $113K | $152K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008465 | −0.040% | $2.9M | $5.4M | 50x | as long as short |
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
KuCoin GMTUSDTM
Bitget GMTUSDT
Aster GMTUSDT
Hyperliquid GMT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008450 | −0.220% | $144K | $176K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008466 | −0.031% | $419K | $213K | 20x | as long as short |
Gate GMT_USDT
MEXC GMT_USDT