Funding spread now, next payment 19:00 UTC−1.2211%/8h
paid, last 24h−2.549%paid, last 4 days−3.405%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -3.405% in total (about -333.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.01973 | 1.2311 | pay 0.1539% / 1h | 30m 15s | $8K | $6K | 10x |
| Short | Bybit DEEPUSDT | 0.01949 | 0.0100 | get 0.0100% / 8h | 5h 30m | $4.2M | $2.6M | 50x |
Kraken Futures PF_DEEPUSD
Bybit DEEPUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$2,564.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2,585.26
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −1.235%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 Bybit live order book, 4 min ago | 7.69 bp | 40.3 bp −$40 | 237.1 bp −$2,371 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.0713% | 1h | $79K | $15K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0094% | 8h | $141K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | $2.0M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDTshort | +0.0100% | 8h | $4.2M | $2.6M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | $300K | $97K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | $1.1M | $566K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | $1.8M | $96K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | $805K | $600K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | $11K | $6K | — | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | $5K | $221K | 5x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +1.2311% | 1h | $8K | $6K | 10x |
Extended DEEP-USD