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

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Alert: funding
Alert: spread
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
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
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ID-USDT0.037870.0090pay 0.0045% / 4h3h 02m$157K$13K50x
ShortKraken Futures PF_IDUSD0.037780.0891get 0.0111% / 1h2m 33s$4K$5K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 9 min ago2.63 bp20.7 bp −$2151.8 bp −$518doesn'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.

ID on 11 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
Gate ID_USDT−0.0070%4h0.03786−0.026%$254K$230K25xas long as short
BloFin ID-USDTlong+0.0090%4h0.03787long leg$157K$13K50x
Aster IDUSDT+0.0100%4h0.03784−0.082%$9K$1K5xas long as short
Binance IDUSDT+0.0100%4h0.03779−0.206%$2.4M$3.8M50xas long as short
Bybit IDUSDT+0.0100%8h0.03776−0.290%$1.5M$1.1M25xas long as short
MEXC ID_USDT+0.0100%4h0.03779−0.211%$391K$214K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03775−0.317%$1.1M$63K30xas long as short
Bitget IDUSDT+0.0100%4h0.03784−0.079%$804K$644K50xas long as short
Variational Omni ID+0.0100%8h0.03790+0.088%$12K$20Kas long as short
BingX ID-USDT+0.0200%4h0.03784−0.079%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSDshort+0.0891%1h0.03778−0.248%$4K$5K10x