Funding you earn now, next payment 06:00 UTC−0.1505%/8h= −164.8% APRpaid last 24h −0.058%
Price spread now: Kraken Futures against BingX−0.240%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2352.347% of the position
Funding, last 7 days−1.545%−$155 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.240%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$45 a day on $10k at the current rate, and Kraken Futures is 0.149% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.05378 | 0.0646 | pay 0.0323% / 4h | 2h 16m | — | $3.8M | — |
| Short | Kraken Futures PF_MUBARAKUSD | 0.05365 | −0.0859 | pay 0.0107% / 1h | 16m 47s | $71K | $580K | 10x |
BingX MUBARAK-USDT
Kraken Futures PF_MUBARAKUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$316.04
- Price spread: −0.240% → −0.091%
- −$14.92
- Slippage, 4 orders
- −$214.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$565.68
- Costs to cover
- 2.347%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Kraken Futures: live order book, 31 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, 3 min ago | 5.59 bp | 16.9 bp −$17 | 37.8 bp −$378 | 212.4 bp −$21.2K | 912.8 bp −$456.4K |
| Sell Kraken Futures live order book, 31 min ago | 68.79 bp | 111.3 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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_MUBARAKUSDshort | −0.0859% | 1h | 0.05365 | −0.240% | $71K | $580K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05387 | +0.167% | $4.0M | $92.1M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05339 | −0.729% | $11K | $63K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0438% | 4h | 0.05382 | +0.074% | $1.3M | $2.0M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0438% | 4h | 0.05379 | +0.017% | $22.8M | $147.8M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0538% | 4h | 0.05380 | +0.037% | $3.6M | $13.0M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0559% | 4h | 0.05375 | −0.056% | $12K | $668K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0615% | 4h | 0.05383 | +0.091% | $4.9M | $18.9M | 25x | as long as short |
| BingX MUBARAK-USDTlong | +0.0646% | 4h | 0.05378 | long leg | — | $3.8M | — | |
| KuCoin MUBARAKUSDTM | +0.0878% | 4h | 0.05398 | +0.372% | $2.6M | $2.2M | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2424% | 4h | 0.05391 | +0.242% | $9.3M | $8.6M | 50x | as long as short |
Gate MUBARAK_USDT