Funding you earn now, next payment 01:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.082%
Price spread now: BloFin against Kraken Futures−0.057%57s7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as 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)−0.301%−$30 · spread now −0.057%, 7d avg −0.117%
=The price spread pays, funding is against you. BloFin is 0.060% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.057% now, against its 7-day average of −0.117%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−1.173% in total) that is about 9 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 | Kraken Futures PF_KASUSD | 0.04371 | 0.0404 | pay 0.0050% / 1h | 38m 01s | $307K | $469K | 20x |
| Short | BloFin KAS-USDT | 0.04369 | 0.0340 | get 0.0170% / 4h | 3h 38m | $378K | $247K | 75x |
Kraken Futures PF_KASUSD
BloFin KAS-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.35
- Price spread: −0.057% → −0.117%
- $6.04
- Slippage, 4 orders
- −$79.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$108.42
- Costs to cover
- 1.011%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 min ago; BloFin: live order book, 32 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 Kraken Futures live order book, 35 min ago | 5.78 bp | 32.8 bp −$33 | 316.5 bp −$3,165 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 2.31 bp | 19.8 bp −$20 | 46.5 bp −$465 | 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 | 0.04366 | −0.121% | $5K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −0.240% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04366 | −0.121% | $257K | $168K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04371 | −0.001% | $4.1M | $11.7M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04369 | −0.057% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04362 | −0.217% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04368 | −0.080% | $28.3M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04370 | −0.038% | $4.3M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04369 | −0.057% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04369 | −0.057% | — | $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 | 0.04364 | −0.164% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0290% / S −0.5848% | 1h | 0.04364 | −0.183% | $12K | — | 100x | as long as short |
| BloFin KAS-USDTshort | +0.0340% | 4h | 0.04369 | −0.057% | $378K | $247K | 75x | |
| Kraken Futures PF_KASUSDlong | +0.0404% | 1h | 0.04371 | long leg | $307K | $469K | 20x | |
| Hyperliquid KAS | +0.0521% | 1h | 0.04378 | +0.149% | $2.8M | $1.0M | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS