Funding you earn now, next payment 04:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h −0.013%
Price spread now: Kraken Futures against BloFin+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.063% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% 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 RIVER-USDT | 1.2570 | 0.0317 | pay 0.0158% / 4h | 46m 39s | $423K | $32K | 50x |
| Short | Kraken Futures PF_RIVERUSD | 1.2578 | 0.0643 | get 0.0080% / 1h | 46m 39s | $57K | $70K | 10x |
BloFin RIVER-USDT
Kraken Futures PF_RIVERUSDFunding 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
- $68.53
- Price spread: +0.063% → 0.000%
- $6.34
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $52.87
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: BloFin: live order book, 54 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 54 min ago | 3.93 bp | 17.7 bp −$18 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2560 | −0.080% | $41K | $14K | 3x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2550 | −0.159% | $2.5M | $3.1M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2608 | +0.301% | $42K | $20K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2560 | −0.077% | $29K | $452K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2540 | −0.239% | $2K | $1.1M | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2580 | +0.080% | $47K | $66K | 20x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0220% | 4h | 1.2570 | 0.000% | $2.0M | $3.8M | 20x | as long as short |
| Gate RIVER_USDT | +0.0232% | 4h | 1.2560 | −0.080% | $424K | $103K | 20x | as long as short |
| Bybit RIVERUSDT | +0.0309% | 4h | 1.2560 | −0.080% | $3.8M | $1.7M | 25x | as long as short |
| BloFin RIVER-USDTlong | +0.0317% | 4h | 1.2570 | long leg | $423K | $32K | 50x |
Lighter RIVER
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
HTX RIVER-USDT
OKX RIVER-USDT-SWAP
Gate RIVER_USDT
Bybit RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC RIVER_USDT | +0.0372% | 4h | 1.2560 | −0.080% | $3.7M | $1.6M | 50x | as long as short |
| Binance RIVERUSDT | +0.0376% | 4h | 1.2568 | −0.015% | $6.0M | $11.1M | 50x | as long as short |
| BingX RIVER-USDT | +0.0494% | 4h | 1.2580 | +0.080% | — | $6.8M | — | as long as short |
| Bitget RIVERUSDT | +0.0524% | 4h | 1.2560 | −0.080% | $3.0M | $2.0M | 20x | as long as short |
| Kraken Futures PF_RIVERUSDshort | +0.0643% | 1h | 1.2578 | +0.063% | $57K | $70K | 10x | |
| Aster RIVERUSDT | +0.0804% | 4h | 1.2552 | −0.142% | $72K | $29K | 10x | as long as short |
MEXC RIVER_USDT
Binance RIVERUSDT
BingX RIVER-USDT
Bitget RIVERUSDT
Aster RIVERUSDT