Funding you earn now, next payment 06:00 UTC−0.0486%/8h= −53.3% APRpaid last 24h −0.009%
Price spread now: BingX against Kraken Futures+0.140%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.140% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.140% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.231% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.231% in total (about -12.0% 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 | Kraken Futures PF_MOGUSD | 0.0000001212 | 0.0686 | pay 0.0086% / 1h | 14m 45s | $49K | $41K | 10x |
| Short | BingX 1000000MOG-USDT | 0.0000001214 | 0.0200 | get 0.0100% / 4h | 2h 14m | — | $1.4M | — |
Kraken Futures PF_MOGUSD
BingX 1000000MOG-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
- −$102.14
- Price spread: +0.140% → 0.000%
- $14.02
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.12
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 2 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 12.35 bp | 35.5 bp −$35 | 123.3 bp −$1,233 | 527.5 bp −$52.7K | 1132.9 bp −$566.4K |
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.
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.3023% | 1h | 0.0000001218 | +0.470% | $32K | $30K | 10x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001216 | +0.304% | $1.2M | $4.1M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001217 | +0.388% | $1.7M | $2.4M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001214 | +0.140% | $447K | $349K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001216 | +0.305% | $684K | $232K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001214 | +0.140% | $341K | $161K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001214 | +0.124% | $6K | $14K | — | as long as short |
| BloFin 1000000MOG-USDT | +0.0138% | 4h | 0.0000001213 | +0.058% | $76K | $21K | 50x | as long as short |
| BingX 1000000MOG-USDTshort | +0.0200% | 4h | 0.0000001214 | +0.140% | — | $1.4M | — | |
| Kraken Futures PF_MOGUSDlong | +0.0686% | 1h | 0.0000001212 | long leg | $49K | $41K | 10x |
Deribit 1000MOG_USDC-PERPETUAL
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
Variational Omni 1000000MOG
BloFin 1000000MOG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin 1000000MOGUSDTM | +0.0788% | 4h | 0.0000001217 | +0.388% | $668K | $157K | 30x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | +0.0792% | 1h | 0.0000001221 | +0.718% | $67K | $10K | 25x | as long as short |
KuCoin 1000000MOGUSDTM
Coinbase International 1000MOG-PERP-INTX