Settings8H · net · $10k
Funding arb · Price arb /

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1377%/8h= +150.8% APRpaid last 24h +0.327%
Price spread now: BingX against Kraken Futures−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$41 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GMTUSD0.008567−0.1277get 0.0160% / 1h54m 02s$44K$13K20x
ShortBingX GMT-USDT0.0085660.0100get 0.0050% / 4h1h 54m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$289.12
Price spread: −0.016% → 0.000%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$267.48
Costs to cover
0.200%
Break-even
0.5 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BingX live order book, 6 min ago5.23 bp28.0 bp −$2876.6 bp −$766551.4 bp −$55.1K964.5 bp −$482.3K
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.

GMT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSDlong−0.1277%1h0.008567long leg$44K$13K20x
Bybit GMTUSDT−0.0358%8h0.008561−0.075%$1.1M$2.1M50xas long as short
Variational Omni GMT−0.0306%8h0.008601+0.398%$4K$6Kas long as short
OKX GMT-USDT-SWAP−0.0207%4h0.008547−0.238%$394K$1.3M20xas long as short
KuCoin GMTUSDTM−0.0202%4h0.008560−0.087%$257K$191K50xas long as short
Hyperliquid GMT+0.0100%1h0.008567−0.005%$114K$143K3xas long as short
Aster GMTUSDT+0.0100%4h0.008565−0.029%$7K$23K10xas long as short
Binance GMTUSDT+0.0100%4h0.008566−0.019%$2.9M$5.4M50xas long as short
Gate GMT_USDT+0.0100%8h0.008570+0.030%$148K$178K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008567−0.005%$424K$209K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008562−0.063%$681K$639K50xas long as short
BingX GMT-USDTshort+0.0100%4h0.008566−0.016%$1.3M