Funding you earn now, next payment 09:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h −0.090%
Price spread now: BingX against Kraken Futures−0.137%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 0.137% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 27 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03851 | −0.0001 | get 0.0000% / 1h | 22m 20s | $4K | $4K | 10x |
| Short | BingX ID-USDT | 0.03846 | 0.0400 | get 0.0200% / 4h | 3h 22m | — | $2.3M | — |
Kraken Futures PF_IDUSD
BingX ID-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
- $84.18
- Price spread: −0.137% → 0.000%
- −$13.66
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $50.52
- Costs to cover
- 0.200%
- Break-even
- 2.8 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 11 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, 11 min ago | 5.21 bp | 23.2 bp −$23 | 66.5 bp −$665 | 387.3 bp −$38.7K | 469.4 bp −$234.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | −0.0001% | 1h | 0.03851 | long leg | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0060% | 4h | 0.03846 | −0.137% | $159K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03843 | −0.202% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03850 | −0.042% | $2.5M | $4.1M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03853 | +0.045% | $1.6M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03843 | −0.214% | $260K | $214K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03848 | −0.085% | $404K | $231K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03846 | −0.137% | $1.1M | $75K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03833 | −0.481% | $12K | $20K | — | as long as short |
| BingX ID-USDTshort | +0.0400% | 4h | 0.03846 | −0.137% | — | $2.3M | — |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0428% | 4h | 0.03849 | −0.059% | $1.1M | $939K | 50x | as long as short |
Bitget IDUSDT