Funding you earn now, next payment 06:00 UTC+0.0801%/8h= +87.7% APRpaid last 24h −0.106%
Price spread now: Kraken Futures against BloFin+0.067%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−1.539%−$154 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.539%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPEN-USDT | 0.1445 | 0.0157 | pay 0.0079% / 4h | 2h 56m | $677K | $12K | 75x |
| Short | Kraken Futures PF_OPENUSD | 0.1446 | 0.0958 | get 0.0120% / 1h | 56m 35s | $14K | $55K | 10x |
BloFin OPEN-USDT
Kraken Futures PF_OPENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $168.19
- Price spread: +0.067% → 0.000%
- $6.69
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $152.87
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: BloFin: live order book, 35 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 35 min ago | 3.47 bp | 19.0 bp −$19 | 110.7 bp −$1,107 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
OPEN on 9 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 OPENUSDT | +0.0100% | 4h | 0.1446 | +0.041% | $253K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1446 | +0.069% | $7.2M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1444 | −0.069% | $825K | $200K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1444 | −0.062% | $2.4M | $55K | 30x | as long as short |
| Bitget OPENUSDT | +0.0102% | 4h | 0.1445 | 0.000% | $2.2M | $165K | 20x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1446 | +0.042% | $3K | $191K | 5x | as long as short |
| BloFin OPEN-USDTlong | +0.0157% | 4h | 0.1445 | long leg | $677K | $12K | 75x | |
| Bybit OPENUSDT | +0.0875% | 4h | 0.1448 | +0.194% | $1.5M | $725K | 25x | as long as short |
| Kraken Futures PF_OPENUSDshort | +0.0958% | 1h | 0.1446 | +0.067% | $14K | $55K | 10x |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Extended OPEN-USD
Bybit OPENUSDT