Funding you earn now, next payment 09:00 UTC−0.3652%/8h= −399.9% APRpaid last 24h −1.011%
Price spread now: BloFin against Kraken Futures−0.702%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−1.582%−$158 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 −$110 a day on $10k at the current rate, and BloFin is 0.702% cheaper against Kraken Futures than usual: you would sell low and buy high (−$70 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 -1.582% in total (about -82.5% 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 | 0.1540 | 0.3992 | pay 0.0499% / 1h | 10m 52s | $51K | $8K | 10x |
| Short | BloFin SUPER-USDT | 0.1529 | 0.0340 | get 0.0170% / 4h | 3h 10m | $148K | $103K | 75x |
Kraken Futures PF_SUPERUSD
BloFin SUPER-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
- −$766.87
- Price spread: −0.702% → 0.000%
- −$70.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$859.11
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 54 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, 54 min ago | 0.99 bp | 28.0 bp −$28 | 66.9 bp −$669 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SUPER-USDT | +0.0036% | 4h | 0.1530 | −0.611% | — | $2.4M | — | as long as short |
| Hyperliquid SUPER | +0.0100% | 1h | 0.1533 | −0.436% | $510K | $356K | 3x | as long as short |
| Binance SUPERUSDT | +0.0100% | 4h | 0.1530 | −0.623% | $2.3M | $5.7M | 50x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1528 | −0.767% | $132K | $91K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1530 | −0.637% | $1.5M | $617K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1529 | −0.702% | $612K | $180K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1530 | −0.637% | $540K | $300K | 25x | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1529 | −0.710% | $82K | $3K | — | as long as short |
| BloFin SUPER-USDTshort | +0.0340% | 4h | 0.1529 | −0.702% | $148K | $103K | 75x | |
| Bybit SUPERUSDT | +0.0400% | 4h | 0.1532 | −0.520% | $1.1M | $1.5M | 25x | as long as short |
BingX SUPER-USDT
Hyperliquid SUPER
Binance SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
Variational Omni SUPER
Bybit SUPERUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSDlong | +0.3992% | 1h | 0.1540 | long leg | $51K | $8K | 10x |