Funding you earn now, next payment 02:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h −0.481%
Price spread now: BingX against Kraken Futures−0.035%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.035%, 7d avg −0.163%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.127% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LPTUSD | 1.7256 | 0.0031 | pay 0.0004% / 1h | 24m 49s | $46K | $107K | 25x |
| Short | BingX LPT-USDT | 1.7250 | 0.0100 | get 0.0050% / 4h | 2h 24m | — | $2.5M | — |
Kraken Futures PF_LPTUSD
BingX LPT-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
- $14.52
- Price spread: −0.035% → −0.163%
- $12.75
- Slippage, 4 orders
- −$97.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$90.69
- Costs to cover
- 1.180%
- Break-even
- 50.7 days
Slippage from Kraken Futures: live order book, 42 min ago; BingX: live order book, 5 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, 42 min ago | 18.78 bp | 36.7 bp −$37 | 222.8 bp −$2,228 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.80 bp | 25.7 bp −$26 | 67.5 bp −$675 | 370.8 bp −$37.1K | 473.1 bp −$236.5K |
LPT on 11 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_LPTUSDlong | +0.0031% | 1h | 1.7256 | long leg | $46K | $107K | 25x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7237 | −0.113% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7237 | −0.113% | $3.5M | $10.8M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7247 | −0.053% | $1.8M | $2.0M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7230 | −0.151% | $1.4M | $3.2M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7250 | −0.035% | $239K | $870K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7230 | −0.151% | $1.9M | $994K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7240 | −0.093% | $313K | $183K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7230 | −0.151% | $1.3M | $783K | 50x | as long as short |
| BingX LPT-USDTshort | +0.0100% | 4h | 1.7250 | −0.035% | — | $2.5M | — |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.7274 | +0.102% | $6K | $3K | — | as long as short |
Variational Omni LPT