Funding you earn now, next payment 05:00 UTC−0.2262%/8h= −247.7% APRpaid last 24h +0.153%
Price spread now: BloFin against Kraken Futures−0.329%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 −$68 a day on $10k at the current rate, and BloFin is 0.329% cheaper against Kraken Futures than usual: you would sell low and buy high (−$33 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_SSVUSD | 3.3681 | 0.2347 | pay 0.0293% / 1h | 30m 09s | $10K | $15K | 10x |
| Short | BloFin SSV-USDT | 3.3570 | 0.0085 | get 0.0085% / 8h | 3h 30m | $123K | $75K | 75x |
Kraken Futures PF_SSVUSD
BloFin SSV-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
- −$475.01
- Price spread: −0.329% → 0.000%
- −$32.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$529.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 51 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, 51 min ago | 7.36 bp | 26.2 bp −$26 | 66.1 bp −$661 | 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.
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0080% | 8h | 3.3574 | −0.316% | $837 | $1 | — | as long as short |
| BloFin SSV-USDTshort | +0.0085% | 8h | 3.3570 | −0.329% | $123K | $75K | 75x | |
| Binance SSVUSDT | +0.0100% | 8h | 3.3529 | −0.449% | $2.4M | $2.8M | 50x | as long as short |
| Bybit SSVUSDT | +0.0100% | 8h | 3.3530 | −0.447% | $574K | $300K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3510 | −0.507% | $539K | $892K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3550 | −0.388% | $148K | $74K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3540 | −0.418% | $181K | $143K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3520 | −0.477% | $248K | $44K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3510 | −0.507% | $503K | $307K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3560 | −0.358% | — | $2.3M | — | as long as short |
Variational Omni SSV
Binance SSVUSDT
Bybit SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSDlong | +0.2347% | 1h | 3.3681 | long leg | $10K | $15K | 10x |