Funding you earn now, next payment 02:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h +0.481%
Price spread now: Kraken Futures against BingX+0.148%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.148%, 7d avg +0.163%
=The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LPT-USDT | 1.7120 | 0.0100 | pay 0.0050% / 4h | 2h 48m | — | $2.5M | — |
| Short | Kraken Futures PF_LPTUSD | 1.7145 | 0.0031 | get 0.0004% / 1h | 48m 37s | $46K | $107K | 25x |
Funding 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
- −$14.48
- Price spread: +0.148% → +0.163%
- −$1.44
- Slippage, 4 orders
- −$99.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$134.94
- Costs to cover
- 1.190%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Kraken Futures: live order book, 18 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, 1 min ago | 8.74 bp | 25.9 bp −$26 | 67.9 bp −$679 | 398.0 bp −$39.8K | 479.0 bp −$239.5K |
| Sell Kraken Futures live order book, 18 min ago | 18.78 bp | 35.5 bp −$35 | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSDshort | +0.0031% | 1h | 1.7145 | +0.148% | $46K | $107K | 25x | |
| BloFin LPT-USDT | +0.0057% | 4h | 1.7140 | +0.117% | $202K | $29K | 50x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7154 | +0.198% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7170 | +0.292% | $3.5M | $10.8M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7140 | +0.117% | $1.8M | $2.0M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7130 | +0.058% | $1.4M | $3.2M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7150 | +0.175% | $246K | $849K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7130 | +0.058% | $2.0M | $991K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7150 | +0.175% | $303K | $183K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7130 | +0.058% | $1.3M | $821K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDTlong | +0.0100% | 4h | 1.7120 | long leg | — | $2.5M | — | |
| Variational Omni LPT | +0.0100% | 4h | 1.7113 | −0.039% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Kraken Futures PF_LPTUSD
BloFin LPT-USDT
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
Variational Omni LPT