Funding you earn now, next payment 06:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h +0.083%
Price spread now: BloFin against Kraken Futures+0.119%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.524%+$152 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. BloFin is 0.119% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +1.524%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_OPENUSD | 0.1449 | 0.0956 | pay 0.0119% / 1h | 18m 14s | $14K | $55K | 10x |
| Short | BloFin OPEN-USDT | 0.1451 | 0.0056 | get 0.0028% / 4h | 2h 18m | $676K | $12K | 75x |
Kraken Futures PF_OPENUSD
BloFin OPEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$188.98
- Price spread: +0.119% → 0.000%
- $11.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$199.06
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 8 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 BloFin live order book, 8 min ago | 10.41 bp | 34.3 bp −$34 | 77.3 bp −$773 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPEN-USDTshort | +0.0056% | 4h | 0.1451 | +0.119% | $676K | $12K | 75x | |
| Aster OPENUSDT | +0.0100% | 4h | 0.1449 | −0.046% | $253K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1449 | −0.019% | $7.2M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1447 | −0.157% | $827K | $202K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1449 | −0.005% | $2.4M | $55K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1448 | −0.088% | $2.2M | $163K | 20x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1449 | −0.047% | $2K | $189K | 5x | as long as short |
| Bybit OPENUSDT | +0.0594% | 4h | 0.1452 | +0.161% | $1.5M | $738K | 25x | as long as short |
| Kraken Futures PF_OPENUSDlong | +0.0956% | 1h | 0.1449 | long leg | $14K | $55K | 10x |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Extended OPEN-USD
Bybit OPENUSDT