Funding you earn now, next payment 09:00 UTC−0.0439%/8h= −48.1% APRpaid last 24h +0.120%
Price spread now: BingX against Kraken Futures−0.087%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$2862.859% of the position
Funding, last 7 days+1.169%+$117 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.087%, 7d avg +0.091%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BingX is 0.178% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.169%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05549 | 0.1395 | pay 0.0174% / 1h | 55m 11s | $80K | $833K | 10x |
| Short | BingX MUBARAK-USDT | 0.05544 | 0.0956 | get 0.0478% / 4h | 3h 55m | — | $4.8M | — |
Kraken Futures PF_MUBARAKUSD
BingX MUBARAK-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
- −$92.28
- Price spread: −0.087% → +0.091%
- −$17.84
- Slippage, 4 orders
- −$265.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$396.07
- Costs to cover
- 2.859%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 43 min ago; BingX: live order book, 10 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, 43 min ago | 77.01 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.52 bp | 15.7 bp −$16 | 49.3 bp −$493 | 289.1 bp −$28.9K | 866.0 bp −$433.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0682% | 4h | 0.05544 | −0.087% | $3.8M | $21.6M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0761% | 4h | 0.05550 | +0.016% | $4.3M | $128.5M | 20x | as long as short |
| Aster MUBARAKUSDT | +0.0806% | 4h | 0.05567 | +0.327% | $47K | $1.0M | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0912% | 4h | 0.05541 | −0.141% | $1.9M | $2.9M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0915% | 4h | 0.05533 | −0.285% | $25.2M | $232.0M | 25x | as long as short |
| BingX MUBARAK-USDTshort | +0.0956% | 4h | 0.05544 | −0.087% | — | $4.8M | — | |
| KuCoin MUBARAKUSDTM | +0.1322% | 4h | 0.05547 | −0.033% | $2.9M | $3.6M | 30x | as long as short |
| Variational Omni MUBARAK | +0.1375% | 4h | 0.05563 | +0.260% | $14K | $74K | — | as long as short |
| Kraken Futures PF_MUBARAKUSDlong | +0.1395% | 1h | 0.05549 | long leg | $80K | $833K | 10x | |
| Gate MUBARAK_USDT | +0.1678% | 4h | 0.05550 | +0.021% | $9.5M | $14.2M | 50x | as long as short |
Bitget MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
KuCoin MUBARAKUSDTM
Variational Omni MUBARAK
Gate MUBARAK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUBARAKUSDT | +0.3995% | 4h | 0.05551 | +0.037% | $5.4M | $32.2M | 25x | as long as short |
Bybit MUBARAKUSDT