LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.116%

Price spread now: BingX against Kraken Futures−0.263%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs+$574as in the Funding arb table

Net, price: spread back to 7d avg − costs−$268as in the Price arb table

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

Long on Kraken Futures Short on BingX

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)+0.970%+$97 · spread now −0.263%, 7d avg +0.025%

Together, before fees+9.107%+$911 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.287% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.263% now, against its 7-day average of +0.025%). If the spread goes back, that is −$29 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+8.137% in total) that is about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LSKUSD	0.3657	0.0374	pay 0.0047% / 1h	31m 15s	$113K	$177K	10x
Short	BingX LSK-USDT	0.3647	0.0416	get 0.0052% / 1h	31m 15s	—	$3.0M	—

Funding 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 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 Kraken FuturesbpFee BingXbpOrdersPrice spread, now −0.263%Rate

Funding earned: $8.81
Price spread: −0.263% → +0.025%: −$28.75
Slippage, 4 orders: −$219.18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$259.12
Costs to cover: 2.392%
Break-even: 213.0 days

Slippage from Kraken Futures: live order book, 56 min ago; BingX: live order book, 9 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, 56 min ago	44.44 bp	118.5 bp −$118	326.7 bp −$3,267	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	2.73 bp	15.2 bp −$15	42.7 bp −$427	262.9 bp −$26.3K	602.3 bp −$301.2K

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	−0.0747%	1h	0.3652	−0.137%	$62K	$122K	5x	as long as short
MEXC LSK_USDT	−0.0400%	1h	0.3646	−0.290%	$8.1M	$2.6M	20x	as long as short
Binance LSKUSDT	−0.0391%	1h	0.3646	−0.290%	$15.1M	$96.3M	50x	as long as short
Gate LSK_USDT	+0.0096%	1h	0.3650	−0.192%	$1.5M	$2.8M	20x	as long as short
Variational Omni LSK	+0.0100%	1h	0.3662	+0.140%	$28K	$235K	—	as long as short
HTX LSK-USDT	+0.0100%	1h	0.3645	−0.337%	$62K	$301K	20x	as long as short
Bitget LSKUSDT	+0.0104%	1h	0.3645	−0.328%	$2.6M	$8.9M	50x	as long as short
Kraken Futures PF_LSKUSDlong	+0.0374%	1h	0.3657	long leg	$113K	$177K	10x
BingX LSK-USDTshort	+0.0416%	1h	0.3647	−0.263%	—	$3.0M	—
Bybit LSKUSDT	+0.1787%	1h	0.3653	−0.107%	$9.9M	$20.4M	25x	as long as short