Funding you earn now, next payment 11:00 UTC+0.0605%/8h= +66.3% APRpaid last 24h +0.171%
Price spread now: Kraken Futures against BloFin+0.020%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1501.497% of the position
Funding, last 7 days+0.599%+$60 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.020%, 7d avg +0.142%
=Funding pays, the price is against you. Kraken Futures is 0.122% cheaper against BloFin than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.142%). If the spread goes back, that is −$12 on $10k: about 16 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.599% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1346 | 0.0085 | pay 0.0085% / 8h | 5h 47m | $292K | $31K | 75x |
| Short | Kraken Futures PF_DYDXUSD | 0.1346 | 0.0690 | get 0.0086% / 1h | 47m 08s | $306K | $290K | 20x |
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $127.07
- Price spread: +0.020% → +0.142%
- −$12.19
- Slippage, 4 orders
- −$127.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$34.82
- Costs to cover
- 1.497%
- Break-even
- 8.9 days
Slippage from BloFin: live order book, 60 min ago; Kraken Futures: live order book, 63 min ago.
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 BloFin live order book, 60 min ago | 11.11 bp | 22.1 bp −$22 | 44.5 bp −$445 | 319.3 bp −$31.9K | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 8.88 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1345 | −0.074% | — | — | 25x | as long as short |
| BloFin DYDX-USDTlong | +0.0085% | 8h | 0.1346 | long leg | $292K | $31K | 75x | |
| Gate DYDX_USDT | +0.0090% | 8h | 0.1345 | −0.104% | $359K | $423K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1346 | −0.022% | $60K | $39K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1347 | +0.082% | $2.0M | $701K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1346 | +0.005% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.076% | $5.2M | $7.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.097% | $4.7M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1344 | −0.111% | $2.1M | $2.6M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1347 | +0.074% | $51K | $21K | 5x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Gate DYDX_USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1345 | −0.074% | $2.9M | $719K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1346 | 0.000% | $2.3M | $3.2M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1345 | −0.074% | $1.3M | $755K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1345 | −0.074% | — | $3.7M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1345 | −0.056% | $7K | $400K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1345 | −0.069% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1345 | −0.094% | $912 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0690% | 1h | 0.1346 | +0.020% | $306K | $290K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0944% | 1h | 0.1348 | +0.149% | $15K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +0.4710% | 1h | 0.1345 | −0.048% | $77K | $2K | 5x | as long as short |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1369 | +1.709% | $6K | $48K | 12x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD
Injective DYDX/USDC PERP