LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.116%

Price spread now: Kraken Futures against BingX+0.121%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,053as in the Funding arb table

Net, price: spread back to 7d avg − costs−$225as in the Price arb table

costs, in and out, $10k−$2392.392% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−8.137%−$814 on $10k

Price spread, last 3 days (all we have)−0.828%−$83 · spread now +0.121%, 7d avg −0.025%

Together, before fees−8.964%−$896 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.145% dearer against BingX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of −0.025%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−8.137% in total) that is about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LSK-USDT	0.3652	0.0592	pay 0.0074% / 1h	33m 23s	—	$3.0M	—
Short	Kraken Futures PF_LSKUSD	0.3656	0.0374	get 0.0047% / 1h	33m 23s	$113K	$177K	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee Kraken FuturesbpOrdersPrice spread, now +0.121%Rate

Funding earned: −$45.75
Price spread: +0.121% → −0.025%: $14.51
Slippage, 4 orders: −$219.18
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$270.41
Costs to cover: 2.392%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Kraken Futures: live order book, 54 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, 6 min ago	2.73 bp	10.8 bp −$11	36.9 bp −$369	343.1 bp −$34.3K	707.1 bp −$353.5K
Sell Kraken Futures live order book, 54 min ago	44.44 bp	94.7 bp −$95	doesn't fit	doesn't fit	doesn't fit

LSK on 10 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
Aster LSKUSDT	−0.0749%	1h	0.3652	+0.017%	$62K	$122K	5x	as long as short
Binance LSKUSDT	−0.0405%	1h	0.3649	−0.073%	$15.1M	$96.3M	50x	as long as short
MEXC LSK_USDT	−0.0400%	1h	0.3647	−0.142%	$8.1M	$2.6M	20x	as long as short
Gate LSK_USDT	+0.0096%	1h	0.3652	+0.005%	$1.5M	$2.8M	20x	as long as short
Variational Omni LSK	+0.0100%	1h	0.3662	+0.283%	$28K	$235K	—	as long as short
HTX LSK-USDT	+0.0100%	1h	0.3654	+0.068%	$62K	$301K	20x	as long as short
Bitget LSKUSDT	+0.0104%	1h	0.3648	−0.104%	$2.6M	$8.9M	50x	as long as short
Kraken Futures PF_LSKUSDshort	+0.0374%	1h	0.3656	+0.121%	$113K	$177K	10x
BingX LSK-USDTlong	+0.0592%	1h	0.3652	long leg	—	$3.0M	—
Bybit LSKUSDT	+0.0891%	1h	0.3654	+0.052%	$9.9M	$20.4M	25x	as long as short