Funding you earn now, next payment 04:00 UTC−0.3035%/8h= −332.4% APRpaid last 24h −0.901%
Price spread now: BingX against Kraken Futures−0.307%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.694%−$169 on $10k
+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 −$91 a day on $10k at the current rate, and BingX is 0.307% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.694% in total (about -88.3% 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 | Kraken Futures PF_SUPERUSD | 0.1511 | 0.3135 | pay 0.0392% / 1h | 51m 45s | $50K | $8K | 10x |
| Short | BingX SUPER-USDT | 0.1506 | 0.0100 | get 0.0050% / 4h | 51m 45s | — | $2.4M | — |
Kraken Futures PF_SUPERUSD
BingX SUPER-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$637.43
- Price spread: −0.307% → 0.000%
- −$30.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$688.14
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 12 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 BingX live order book, 12 min ago | 9.62 bp | 33.3 bp −$33 | 70.3 bp −$703 | 335.1 bp −$33.5K | 405.2 bp −$202.6K |
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.
SUPER 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1506 | −0.294% | $518K | $327K | 3x | as long as short |
| Binance SUPERUSDT | +0.0100% | 4h | 0.1504 | −0.446% | $2.3M | $5.4M | 50x | as long as short |
| Bybit SUPERUSDT | +0.0100% | 4h | 0.1506 | −0.327% | $1.1M | $1.5M | 25x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1505 | −0.373% | $130K | $91K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1504 | −0.439% | $1.6M | $596K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1505 | −0.387% | $616K | $214K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1505 | −0.373% | $538K | $262K | 25x | as long as short |
| BingX SUPER-USDTshort | +0.0100% | 4h | 0.1506 | −0.307% | — | $2.4M | — | |
| Variational Omni SUPER | +0.0143% | 4h | 0.1508 | −0.185% | $80K | $2K | — | as long as short |
| BloFin SUPER-USDT | +0.0340% | 4h | 0.1506 | −0.281% | $151K | $170K | 75x | as long as short |
Hyperliquid SUPER
Binance SUPERUSDT
Bybit SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
Variational Omni SUPER
BloFin SUPER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSDlong | +0.3135% | 1h | 0.1511 | long leg | $50K | $8K | 10x |