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

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h −0.204%
Price spread now: BloFin against Kraken Futures+0.090%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.090% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IDUSD0.037740.0438pay 0.0055% / 1h49m 01s$4K$2K10x
ShortBloFin ID-USDT0.037770.0133get 0.0067% / 4h49m 01s$161K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63.94
Price spread: +0.090% → 0.000%
$8.95
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.98
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 13 min ago. 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 Kraken Futures no order-book sample
Sell BloFin live order book, 13 min ago6.66 bp15.7 bp −$1638.3 bp −$383doesn't fitdoesn't fit
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
Aster IDUSDT+0.0100%4h0.03776+0.069%$9K$1355xas long as short
Binance IDUSDT+0.0100%4h0.03773−0.028%$2.5M$3.4M50xas long as short
Bybit IDUSDT+0.0100%8h0.03775+0.037%$1.4M$1.1M25xas long as short
Gate ID_USDT+0.0100%4h0.03775+0.037%$253K$238K25xas long as short
MEXC ID_USDT+0.0100%4h0.03774+0.010%$423K$156K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03780+0.169%$1.1M$63K30xas long as short
Bitget IDUSDT+0.0100%4h0.03778+0.116%$789K$581K50xas long as short
BingX ID-USDT+0.0100%4h0.03776+0.063%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03782+0.209%$12K$20Kas long as short
BloFin ID-USDTshort+0.0133%4h0.03777+0.090%$161K$12K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSDlong+0.0438%1h0.03774long leg$4K$2K10x