Funding you earn now, next payment 09:00 UTC+0.3304%/8h= +361.8% APRpaid last 24h +0.563%
Price spread now: Kraken Futures against BloFin+0.124%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2822.817% of the position
Funding, last 7 days+0.505%+$51 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.124%, 7d avg +0.107%
=The price spread sits at its 7-day average of +0.107%, so right now this pair is about funding alone: +$99 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.505% in total (about 26.3% 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 | BloFin PORTAL-USDT | 0.02023 | 0.0146 | pay 0.0073% / 4h | 3h 42m | $210K | $21K | 10x |
| Short | Kraken Futures PF_PORTALUSD | 0.02026 | 0.3450 | get 0.0431% / 1h | 42m 53s | $41K | $190K | 10x |
BloFin PORTAL-USDT
Kraken Futures PF_PORTALUSDFunding 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
- $693.84
- Price spread: +0.124% → +0.107%
- $1.74
- Slippage, 4 orders
- −$259.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $413.85
- Costs to cover
- 2.817%
- Break-even
- 2.8 days
Slippage from BloFin: live order book, 23 min ago; Kraken Futures: live order book, 55 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 BloFin live order book, 23 min ago | 4.90 bp | 27.6 bp −$28 | 156.2 bp −$1,562 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 55 min ago | 36.67 bp | 146.6 bp −$147 | 331.3 bp −$3,313 | doesn't fit | doesn't fit |
PORTAL 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 PORTALUSDT | +0.0100% | 4h | 0.02026 | +0.146% | $10K | $31K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02025 | +0.109% | $3.3M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02025 | +0.099% | $1.3M | $870K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02024 | +0.049% | $1.1M | $407K | 50x | as long as short |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.02024 | +0.049% | $330K | $111K | 10x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02027 | +0.198% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02035 | +0.569% | $1K | $7K | — | as long as short |
| BloFin PORTAL-USDTlong | +0.0146% | 4h | 0.02023 | long leg | $210K | $21K | 10x | |
| Kraken Futures PF_PORTALUSDshort | +0.3450% | 1h | 0.02026 | +0.124% | $41K | $190K | 10x |
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
KuCoin PORTALUSDTM
BingX PORTAL-USDT
Variational Omni PORTAL