Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0483%/8h= +52.9% APRpaid last 24h +4.855%
Price spread now: Kraken Futures against BingX+0.044%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Kraken Futures is 0.044% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.019720.0100pay 0.0050% / 4h2h 59m$6.6M
ShortKraken Futures PF_DEEPUSD0.019730.0583get 0.0073% / 1h59m 54s$8K$9K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$101.5
Price spread: +0.044% → 0.000%
$4.43
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$85.93
Costs to cover
0.200%
Break-even
1.1 days
Slippage unknown: BingX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago5.07 bp29.0 bp −$2979.9 bp −$799662.4 bp −$66.2Kdoesn't fit
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.

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP−0.3379%1h0.01975+0.152%$81K$12K20xas long as short
Binance DEEPUSDT+0.0100%4h0.019720.000%$2.1M$5.5M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01968−0.203%$4.2M$2.6M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01971−0.051%$304K$69K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01971−0.051%$1.1M$444K100xas long as short
Bitget DEEPUSDT+0.0100%4h0.019720.000%$834K$491K50xas long as short
BingX DEEP-USDTlong+0.0100%4h0.01972long leg$6.6M
Variational Omni DEEP+0.0100%8h0.01970−0.120%$14K$8Kas long as short
Extended DEEP-USD+0.0104%1h0.01971−0.029%$6K$252K5xas long as short
BloFin DEEP-USDT+0.0120%8h0.01970−0.101%$133K$29K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DEEPUSDTM+0.0140%4h0.01978+0.304%$1.8M$85K20xas long as short
Kraken Futures PF_DEEPUSDshort+0.0583%1h0.01973+0.044%$8K$9K10x