Funding you earn now, next payment 10:00 UTC+0.1390%/8h= +152.2% APRpaid last 24h +0.100%
Price spread now: Kraken Futures against BingX+0.529%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,018as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,950as in the Price arb table
costs, in and out, $10k−$1,99419.942% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.529%, 7d avg +0.086%
=Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Kraken Futures is 0.443% dearer against BingX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX JASMY-USDT | 0.004410 | 0.0100 | pay 0.0100% / 8h | 6h 21m | — | $10.4M | — |
| Short | Kraken Futures PF_JASMYUSD | 0.004433 | 0.1490 | get 0.0186% / 1h | 21m 07s | $264K | $265K | 20x |
BingX JASMY-USDT
Kraken Futures PF_JASMYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $291.88
- Price spread: +0.529% → +0.086%
- $44.27
- Slippage, 4 orders
- −$1,974.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,658.05
- Costs to cover
- 19.942%
- Break-even
- 46.8 days
Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 29 min ago.
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 BingX live order book, 10 min ago | 6.84 bp | 21.3 bp −$21 | 53.0 bp −$530 | 417.9 bp −$41.8K | 490.6 bp −$245.3K |
| Sell Kraken Futures live order book, 29 min ago | 54.46 bp | 124.4 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JASMY | −0.0191% | 8h | 0.004402 | −0.191% | $125K | $32K | — | as long as short |
| Coinbase International JASMY-PERP-INTX | +0.0040% | 1h | 0.004399 | −0.249% | $16K | $22K | 25x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004416 | +0.144% | $6K | $23K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004414 | +0.091% | $3.4M | $5.4M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004408 | −0.045% | $3.6M | $2.6M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004414 | +0.091% | $477K | $293K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004413 | +0.068% | $10.9M | $2.6M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004414 | +0.091% | $3.3M | $2.5M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004410 | 0.000% | $1.7M | $621K | 50x | as long as short |
| BingX JASMY-USDTlong | +0.0100% | 8h | 0.004410 | long leg | — | $10.4M | — |
Variational Omni JASMY
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004416 | +0.128% | $3K | $266K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004414 | +0.091% | $221K | $275K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0430% | 1h | 0.004416 | +0.136% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1490% | 1h | 0.004433 | +0.529% | $264K | $265K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL