Funding you earn now, next payment 01:00 UTC−1.7274%/8h= −1891.5% APRnext payment −$21.59 per $10,000 · paid last 24h −3.489%
Price spread now: Bluefin against Kraken Futures−1.115%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
Both sides work against this trade now: funding costs −$518 a day on $10k at the current rate, and Bluefin is 1.115% cheaper against Kraken Futures than usual: you would sell low and buy high (−$111 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.02021 | 1.2606 | pay 0.1576% / 1h | 50m 17s | $8K | $7K | 10x |
| Short | Bluefin DEEP-PERP | 0.01998 | −0.4668 | pay 0.0583% / 1h | 50m 17s | $81K | $17K | 20x |
Kraken Futures PF_DEEPUSD
Bluefin DEEP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$3,627.52
- Price spread: −1.115% → 0.000%
- −$111.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$3,756
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bluefin: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Kraken Futures and Bluefin: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERPshort | −0.4668% | 1h | 0.01998 | −1.115% | $81K | $17K | 20x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.02001 | −0.953% | $2.2M | $6.2M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01995 | −1.263% | $4.3M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01993 | −1.362% | $306K | $92K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.02000 | −1.016% | $1.1M | $554K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02002 | −0.917% | $1.8M | $95K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.02000 | −1.016% | $857K | $610K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01999 | −1.065% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01997 | −1.180% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.02001 | −0.989% | $4K | $231K | 5x | as long as short |
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0112% | 8h | 0.01998 | −1.115% | $141K | $33K | 50x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +1.2606% | 1h | 0.02021 | long leg | $8K | $7K | 10x |
BloFin DEEP-USDT