Funding you earn now, next payment 09:00 UTC−3.9675%/8h= −4344.4% APRpaid last 24h −3.347%
Price spread now: BloFin against Kraken Futures−0.782%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1,190 a day on $10k at the current rate, and BloFin is 0.782% cheaper against Kraken Futures than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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_RAREUSD | 0.01326 | 3.9808 | pay 0.4976% / 1h | 25m 27s | $3K | $2K | 10x |
| Short | BloFin RARE-USDT | 0.01316 | 0.0133 | get 0.0067% / 4h | 3h 25m | $105K | $19K | 25x |
Kraken Futures PF_RAREUSD
BloFin RARE-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
- −$8,331.65
- Price spread: −0.782% → 0.000%
- −$78.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8,431.85
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 30 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, 30 min ago | 3.78 bp | 28.9 bp −$29 | 91.1 bp −$911 | 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.
RARE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01315 | −0.857% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01314 | −0.942% | $7K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01316 | −0.782% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01317 | −0.699% | $309K | $90K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01314 | −0.933% | $49K | $25K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01316 | −0.782% | $634K | $177K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01318 | −0.631% | $204K | $70K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01314 | −0.933% | $230K | $75K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01316 | −0.749% | $1K | $923 | — | as long as short |
| BloFin RARE-USDTshort | +0.0133% | 4h | 0.01316 | −0.782% | $105K | $19K | 25x |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSDlong | +3.9808% | 1h | 0.01326 | long leg | $3K | $2K | 10x |