Funding you earn now, next payment 23:00 UTC−0.1602%/8h= −175.4% APRpaid last 24h −0.185%
Price spread now: Kraken Futures against BingX−0.151%7-day average +0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days−1.017%−$102 on $10k
+Price spread, last 3 days (all we have)+0.502%+$50 · spread now −0.151%, 7d avg +0.161%
=Both sides work against this trade now: funding costs −$48 a day on $10k at the current rate, and Kraken Futures is 0.312% cheaper against BingX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.161%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.017% in total (about -53.0% 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 | BingX EGLD-USDT | 4.2680 | 0.0100 | pay 0.0100% / 8h | 1h 47m | — | $2.9M | — |
| Short | Kraken Futures PF_EGLDUSD | 4.2616 | −0.1502 | pay 0.0188% / 1h | 47m 46s | $423K | $697K | 20x |
BingX EGLD-USDT
Kraken Futures PF_EGLDUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$336.33
- Price spread: −0.151% → +0.161%
- −$31.17
- Slippage, 4 orders
- −$74.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$462.13
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Kraken Futures: live order book, 35 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 BingX live order book, 2 min ago | 5.88 bp | 22.9 bp −$23 | 50.0 bp −$500 | 260.0 bp −$26.0K | 1131.0 bp −$565.5K |
| Sell Kraken Futures live order book, 35 min ago | 10.48 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
EGLD 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_EGLDUSDshort | −0.1502% | 1h | 4.2616 | −0.151% | $423K | $697K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.246% | $16 | $46K | 5.5x | as long as short |
| KuCoin EGLDUSDTM | +0.0051% | 8h | 4.2650 | −0.070% | $2.5M | $1.3M | 50x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2640 | −0.094% | $4.5M | $26.6M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2620 | −0.141% | $2.6M | $8.7M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.2650 | −0.070% | $595K | $4.9M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2680 | 0.000% | $511K | $678K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2640 | −0.094% | $4.3M | $3.5M | 125x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2620 | −0.141% | $2.2M | $4.2M | 75x | as long as short |
| BingX EGLD-USDTlong | +0.0100% | 8h | 4.2680 | long leg | — | $2.9M | — |
Injective EGLD/USDC PERP
KuCoin EGLDUSDTM
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
Bitget EGLDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.2661 | −0.044% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.2600 | −0.187% | $222K | $468K | 75x | as long as short |
Variational Omni EGLD
BloFin EGLD-USDT