Funding you earn now, next payment 05:00 UTC−0.0724%/8h= −79.2% APRpaid last 24h −0.334%
Price spread now: BingX against Kraken Futures−0.151%53s7-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
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and BingX is 0.151% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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_KAVAUSD | 0.06989 | 0.0824 | pay 0.0103% / 1h | 56m 26s | $41K | $31K | 10x |
| Short | BingX KAVA-USDT | 0.06978 | 0.0100 | get 0.0050% / 4h | 3h 56m | — | $2.3M | — |
Kraken Futures PF_KAVAUSD
BingX KAVA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$151.97
- Price spread: −0.151% → 0.000%
- −$15.12
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$187.09
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 3 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 1.43 bp | 15.3 bp −$15 | 54.1 bp −$541 | 298.1 bp −$29.8K | 651.1 bp −$325.5K |
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.
KAVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.06975 | −0.198% | $7.8M | $8.6M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.06974 | −0.208% | $1.3M | $799K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.06973 | −0.223% | $420K | $154K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06971 | −0.251% | $363K | $52K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.06977 | −0.165% | $774K | $385K | 25x | as long as short |
| BingX KAVA-USDTshort | +0.0100% | 4h | 0.06978 | −0.151% | — | $2.3M | — | |
| Variational Omni KAVA | +0.0100% | 8h | 0.07005 | +0.232% | $643 | $1K | — | as long as short |
| Kraken Futures PF_KAVAUSDlong | +0.0824% | 1h | 0.06989 | long leg | $41K | $31K | 10x | |
| Gate KAVA_USDT | +0.0960% | 4h | 0.06995 | +0.092% | $527K | $138K | 25x | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
Gate KAVA_USDT