Settings8H · net · $10k
Funding arb · Price arb /

POWR

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h +0.018%
Price spread now: BingX against Kraken Futures−0.145%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.145% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_POWRUSD0.063390.0287pay 0.0036% / 1h8m 53s$16K$11K10x
ShortBingX POWR-USDT0.063300.0100get 0.0050% / 4h1h 08m$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$39.21
Price spread: −0.145% → 0.000%
−$14.46
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$73.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BingX live order book, just now6.32 bp42.2 bp −$42124.1 bp −$1,241447.2 bp −$44.7K503.3 bp −$251.6K
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.

POWR on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POWRUSDT+0.0100%4h0.06326−0.212%$13K$44K5xas long as short
Binance POWRUSDT+0.0100%4h0.06330−0.147%$1.4M$2.0M50xas long as short
Bybit POWRUSDT+0.0100%4h0.06325−0.223%$888K$513K13xas long as short
Gate POWR_USDT+0.0100%4h0.06315−0.381%$105K$26K10xas long as short
MEXC POWR_USDT+0.0100%4h0.06329−0.160%$1.1M$112K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06350+0.171%$634K$97K30xas long as short
Bitget POWRUSDT+0.0100%4h0.06327−0.192%$365K$187K50xas long as short
BingX POWR-USDTshort+0.0100%4h0.06330−0.145%$1.3M
Variational Omni POWR+0.0100%4h0.06321−0.280%$506$2Kas long as short
Kraken Futures PF_POWRUSDlong+0.0287%1h0.06339long leg$16K$11K10x