Funding you earn now, next payment 23:00 UTC+0.0312%/8h= +34.1% APRpaid last 24h +0.664%
Price spread now: Kraken Futures against BloFin−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INIT-USDT | 0.08168 | 0.0073 | pay 0.0037% / 4h | 1h 11m | $152K | $110K | 25x |
| Short | Kraken Futures PF_INITUSD | 0.08168 | 0.0385 | get 0.0048% / 1h | 11m 00s | $5K | $17K | 10x |
BloFin INIT-USDT
Kraken Futures PF_INITUSDFunding 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
- $65.47
- Price spread: −0.005% → 0.000%
- −$0.52
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $42.95
- Costs to cover
- 0.220%
- Break-even
- 2.4 days
Slippage unknown: BloFin: live order book, 63 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, 63 min ago | 0.61 bp | 23.4 bp −$23 | 61.9 bp −$619 | 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.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDTlong | +0.0073% | 4h | 0.08168 | long leg | $152K | $110K | 25x | |
| Hyperliquid INIT | +0.0100% | 1h | 0.08165 | −0.040% | $297K | $233K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08159 | −0.106% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08171 | +0.037% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08158 | −0.122% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08169 | +0.012% | $133K | $632K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08151 | −0.208% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08171 | +0.037% | $444K | $220K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08162 | −0.073% | $325K | $54K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08166 | −0.024% | $426K | $310K | 25x | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08162 | −0.073% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08144 | −0.288% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSDshort | +0.0385% | 1h | 0.08168 | −0.005% | $5K | $17K | 10x |
BingX INIT-USDT
Variational Omni INIT