Funding you earn now, next payment 05:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h +0.415%
Price spread now: Kraken Futures against BloFin+0.324%7-day average +0.182% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.324%, 7d avg +0.182%
=The price spread pays, funding is against you. Kraken Futures is 0.142% dearer against BloFin than usual: you sell high and buy low (spread +0.324% now, against its 7-day average of +0.182%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LPT-USDT | 1.7150 | 0.0042 | pay 0.0021% / 4h | 3h 30m | $195K | $31K | 50x |
| Short | Kraken Futures PF_LPTUSD | 1.7206 | −0.0148 | pay 0.0019% / 1h | 30m 23s | $45K | $81K | 25x |
BloFin LPT-USDT
Kraken Futures PF_LPTUSDFunding 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
- −$39.86
- Price spread: +0.324% → +0.182%
- $14.24
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.62
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 51 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 51 min ago | 2.94 bp | 18.2 bp −$18 | 47.9 bp −$479 | 442.1 bp −$44.2K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
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 | −0.0148% | 1h | 1.7206 | +0.324% | $45K | $81K | 25x | |
| BloFin LPT-USDTlong | +0.0042% | 4h | 1.7150 | long leg | $195K | $31K | 50x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7180 | +0.175% | $1K | $18K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7179 | +0.167% | $3.5M | $9.5M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7188 | +0.222% | $1.7M | $1.7M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7170 | +0.117% | $1.4M | $2.8M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7170 | +0.117% | $232K | $840K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7170 | +0.117% | $1.9M | $882K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7160 | +0.058% | $317K | $158K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7170 | +0.117% | $1.3M | $643K | 50x | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7190 | +0.233% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7202 | +0.303% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT