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

PROMPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−4.2515%/8h= −4655.4% APRpaid last 24h −3.747%
Price spread now: BingX against Kraken Futures+1.056%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BingX is 1.056% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.056% now, against zero (this spread has no 7-day history yet)): +$106 on $10k if it goes back. Holding the pair costs −$1,275 a day in funding at the current rate, which eats that in about 2 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PROMPTUSD0.021784.2615pay 0.5327% / 1h0m 31s$2K$3K10x
ShortBingX PROMPT-USDT0.022010.0100get 0.0050% / 4h3h 00m$6.5M

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
−$8,928.2
Price spread: +1.056% → 0.000%
$105.6
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8,842.6
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. 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, 6 min ago6.78 bp32.2 bp −$32100.1 bp −$1,001992.3 bp −$99.2K1342.9 bp −$671.5K
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.

PROMPT on 9 venues

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 PROMPTUSDT+0.0100%4h0.02206+1.263%$3K$1K5xas long as short
Binance PROMPTUSDT+0.0100%4h0.02205+1.240%$1.2M$1.9M40xas long as short
Bybit PROMPTUSDT+0.0100%4h0.02204+1.194%$334K$210K5xas long as short
Gate PROMPT_USDT+0.0100%4h0.02207+1.331%$550K$81K20xas long as short
MEXC PROMPT_USDT+0.0100%4h0.02204+1.194%$104K$109K20xas long as short
KuCoin PROMPTUSDTM+0.0100%4h0.02206+1.286%$86K$72K30xas long as short
BingX PROMPT-USDTshort+0.0100%4h0.02201+1.056%$6.5M
Variational Omni PROMPT+0.0100%4h0.02203+1.153%$3K$6Kas long as short
Kraken Futures PF_PROMPTUSDlong+4.2615%1h0.02178long leg$2K$3K10x