Funding you earn now, next payment 07:00 UTC+0.0237%/8h= +25.9% APRpaid last 24h −0.217%
Price spread now: BingX against Kraken Futures−0.201%7-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
Funding pays, the price is against you. BingX is 0.201% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 2.8 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCNUSD | 0.004401 | −0.0137 | get 0.0017% / 1h | 34m 42s | $2K | $2K | 10x |
| Short | BingX XCN-USDT | 0.004392 | 0.0100 | get 0.0050% / 4h | 1h 34m | — | $1.6M | — |
Kraken Futures PF_XCNUSD
BingX XCN-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
- $49.72
- Price spread: −0.201% → 0.000%
- −$20.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $9.63
- Costs to cover
- 0.200%
- Break-even
- 5.6 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 2 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, 2 min ago | 3.41 bp | 46.0 bp −$46 | 344.7 bp −$3,447 | 698.0 bp −$69.8K | 1075.0 bp −$537.5K |
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.
XCN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCNUSDlong | −0.0137% | 1h | 0.004401 | long leg | $2K | $2K | 10x | |
| Aster XCNUSDT | +0.0100% | 1h | 0.004402 | +0.037% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDT | +0.0100% | 4h | 0.004396 | −0.105% | $1.1M | $1.6M | 5x | as long as short |
| Gate XCN_USDT | +0.0100% | 4h | 0.004402 | +0.026% | $348K | $90K | 10x | as long as short |
| MEXC XCN_USDT | +0.0100% | 4h | 0.004400 | −0.019% | $2.3M | $164K | 20x | as long as short |
| BingX XCN-USDTshort | +0.0100% | 4h | 0.004392 | −0.201% | — | $1.6M | — | |
| Variational Omni XCN | +0.0100% | 4h | 0.004401 | −0.003% | $10K | $511 | — | as long as short |
Aster XCNUSDT
Bybit XCNUSDT
Gate XCN_USDT
MEXC XCN_USDT
Variational Omni XCN