DEEP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1343%/8h= −147.1% APRnext payment −$1.68 per $10,000 · paid last 24h +5.250%

Price spread now: Kraken Futures against Bluefin+0.241%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.241% dearer against Bluefin than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin DEEP-PERP	0.01954	0.0100	pay 0.0013% / 1h	24m 48s	$80K	$11K	20x
Short	Kraken Futures PF_DEEPUSD	0.01959	−0.1243	pay 0.0155% / 1h	24m 48s	$8K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bluefin. 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

Position, each leg$Hold fordaysFee BluefinbpFee Kraken FuturesbpOrdersPrice spread, now +0.241%Rate

Funding earned: −$282.08
Price spread: +0.241% → 0.000%: $24.06
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$275.02
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bluefin: no order-book sample; 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 Bluefin no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Bluefin and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DEEPUSDshort	−0.1243%	1h	0.01959	+0.241%	$8K	$10K	10x
Binance DEEPUSDT	+0.0100%	4h	0.01958	+0.205%	$2.1M	$6.1M	50x	as long as short
Bybit DEEPUSDT	+0.0100%	8h	0.01952	−0.102%	$4.2M	$2.8M	50x	as long as short
Gate DEEP_USDT	+0.0100%	4h	0.01955	+0.051%	$301K	$73K	50x	as long as short
MEXC DEEP_USDT	+0.0100%	4h	0.01957	+0.154%	$1.0M	$471K	100x	as long as short
KuCoin DEEPUSDTM	+0.0100%	4h	0.01965	+0.563%	$1.8M	$92K	20x	as long as short
Bitget DEEPUSDT	+0.0100%	4h	0.01958	+0.205%	$825K	$564K	50x	as long as short
BingX DEEP-USDT	+0.0100%	4h	0.01955	+0.051%	—	$6.6M	—	as long as short
Variational Omni DEEP	+0.0100%	8h	0.01956	+0.085%	$14K	$10K	—	as long as short
Bluefin DEEP-PERPlong	+0.0100%	1h	0.01954	long leg	$80K	$11K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DEEP-USD	+0.0104%	1h	0.01958	+0.181%	$5K	$239K	5x	as long as short
BloFin DEEP-USDT	+0.0112%	8h	0.01950	−0.205%	$134K	$32K	50x	as long as short