Funding you earn now, next payment 05:00 UTC+0.0801%/8h= +87.7% APRpaid last 24h +0.172%
Price spread now: Kraken Futures against BloFin−0.248%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. Kraken Futures is 0.248% cheaper against BloFin than usual: you would sell low and buy high (spread −0.248% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 25 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03787 | 0.0090 | pay 0.0045% / 4h | 3h 02m | $157K | $13K | 50x |
| Short | Kraken Futures PF_IDUSD | 0.03778 | 0.0891 | get 0.0111% / 1h | 2m 33s | $4K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $168.23
- Price spread: −0.248% → 0.000%
- −$24.82
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $121.41
- Costs to cover
- 0.220%
- Break-even
- 1.9 days
Slippage unknown: BloFin: 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 BloFin live order book, 9 min ago | 2.63 bp | 20.7 bp −$21 | 51.8 bp −$518 | doesn't fit | doesn'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.
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.0070% | 4h | 0.03786 | −0.026% | $254K | $230K | 25x | as long as short |
| BloFin ID-USDTlong | +0.0090% | 4h | 0.03787 | long leg | $157K | $13K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03784 | −0.082% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03779 | −0.206% | $2.4M | $3.8M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03776 | −0.290% | $1.5M | $1.1M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03779 | −0.211% | $391K | $214K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03775 | −0.317% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03784 | −0.079% | $804K | $644K | 50x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03790 | +0.088% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0200% | 4h | 0.03784 | −0.079% | — | $2.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDshort | +0.0891% | 1h | 0.03778 | −0.248% | $4K | $5K | 10x |
BloFin ID-USDT
Kraken Futures PF_IDUSD
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
Variational Omni ID
BingX ID-USDT