Funding you earn now, next payment 09:00 UTC+3.9446%/8h= +4319.3% APRpaid last 24h +4.225%
Price spread now: Kraken Futures against BingX+0.483%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1,183 a day on $10k at the current rate, and Kraken Futures is 0.483% dearer against BingX than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SWARMS-USDT | 0.008188 | 0.0546 | pay 0.0273% / 4h | 3h 50m | — | $6.5M | — |
| Short | Kraken Futures PF_SWARMSUSD | 0.008228 | 3.9992 | get 0.4999% / 1h | 50m 48s | $9K | $45 | 10x |
BingX SWARMS-USDT
Kraken Futures PF_SWARMSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $8,283.64
- Price spread: +0.483% → 0.000%
- $48.32
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $8,311.96
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 15 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 BingX live order book, 15 min ago | 4.84 bp | 62.3 bp −$62 | 286.6 bp −$2,866 | 495.5 bp −$49.6K | 666.2 bp −$333.1K |
| 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.
SWARMS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008178 | −0.122% | $946K | $114K | 10x | as long as short |
| Extended SWARMS-USD | +0.0512% | 1h | 0.008192 | +0.043% | $7K | $209K | 5x | as long as short |
| Binance SWARMSUSDT | +0.0513% | 4h | 0.008188 | 0.000% | $3.5M | $3.5M | 20x | as long as short |
| MEXC SWARMS_USDT | +0.0524% | 4h | 0.008191 | +0.037% | $151K | $97K | 100x | as long as short |
| BloFin SWARMS-USDT | +0.0531% | 4h | 0.008198 | +0.122% | $227K | $8K | 20x | as long as short |
| BingX SWARMS-USDTlong | +0.0546% | 4h | 0.008188 | long leg | — | $6.5M | — | |
| Aster SWARMSUSDT | +0.0641% | 4h | 0.008174 | −0.171% | $31K | $102K | 5x | as long as short |
| KuCoin SWARMSUSDTM | +0.1392% | 4h | 0.008168 | −0.244% | $767K | $121K | 20x | as long as short |
| Kraken Futures PF_SWARMSUSDshort | +3.9992% | 1h | 0.008228 | +0.483% | $9K | $45 | 10x |
Gate SWARMS_USDT
Extended SWARMS-USD
Binance SWARMSUSDT
MEXC SWARMS_USDT
BloFin SWARMS-USDT
Aster SWARMSUSDT
KuCoin SWARMSUSDTM