Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.082%
Price spread now: Kraken Futures against BloFin−0.060%57s7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days+1.173%+$117 on $10k
+Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.060%, 7d avg +0.117%
=Funding pays, the price is against you. Kraken Futures is 0.177% cheaper against BloFin than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.117%). If the spread goes back, that is −$18 on $10k: about 9.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.173% in total) that is about 25 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAS-USDT | 0.04410 | 0.0340 | pay 0.0170% / 4h | 3h 07m | $381K | $266K | 75x |
| Short | Kraken Futures PF_KASUSD | 0.04407 | 0.0400 | get 0.0050% / 1h | 7m 38s | $310K | $467K | 20x |
BloFin KAS-USDT
Kraken Futures PF_KASUSDFunding 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
- $12.66
- Price spread: −0.060% → +0.117%
- −$17.71
- Slippage, 4 orders
- −$79.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$106.17
- Costs to cover
- 1.011%
- Break-even
- 65.7 days
Slippage from BloFin: live order book, 63 min ago; Kraken Futures: live order book, 65 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 BloFin live order book, 63 min ago | 2.31 bp | 14.3 bp −$14 | 42.4 bp −$424 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 65 min ago | 5.78 bp | 34.2 bp −$34 | 144.3 bp −$1,443 | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0001% | 1h | 0.04403 | −0.157% | $5K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −1.111% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04404 | −0.126% | $260K | $168K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04407 | −0.058% | $4.1M | $11.7M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04404 | −0.136% | $10.9M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04401 | −0.204% | $2.2M | $1.7M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04407 | −0.068% | $28.5M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04407 | −0.073% | $4.3M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04403 | −0.159% | $12.1M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04403 | −0.159% | — | $67.8M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04394 | −0.368% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0292% / S −0.5848% | 1h | 0.04403 | −0.163% | $12K | — | 100x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04410 | long leg | $381K | $266K | 75x | |
| Kraken Futures PF_KASUSDshort | +0.0400% | 1h | 0.04407 | −0.060% | $310K | $467K | 20x | |
| Hyperliquid KAS | +0.0474% | 1h | 0.04414 | +0.082% | $2.8M | $1.0M | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS