Funding you earn now, next payment 08:00 UTC−0.0625%/8h= −68.4% APRpaid last 24h +0.123%
Price spread now: Kraken Futures against BingX+0.075%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.075% dearer against BingX than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ID-USDT | 0.03837 | 0.0550 | pay 0.0275% / 4h | 17m 38s | — | $2.3M | — |
| Short | Kraken Futures PF_IDUSD | 0.03840 | −0.0075 | pay 0.0009% / 1h | 17m 38s | $4K | $4K | 10x |
BingX ID-USDT
Kraken Futures PF_IDUSDFunding 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
- −$131.17
- Price spread: +0.075% → 0.000%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$143.7
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Kraken Futures: 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 BingX live order book, 6 min ago | 6.52 bp | 22.2 bp −$22 | 62.1 bp −$621 | 408.3 bp −$40.8K | 453.9 bp −$226.9K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ID on 11 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_IDUSDshort | −0.0075% | 1h | 0.03840 | +0.075% | $4K | $4K | 10x | |
| BloFin ID-USDT | +0.0093% | 4h | 0.03827 | −0.261% | $156K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03834 | −0.084% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03836 | −0.026% | $2.4M | $4.0M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03838 | +0.026% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03835 | −0.052% | $260K | $225K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03837 | 0.000% | $424K | $218K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03839 | +0.052% | $1.1M | $74K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03826 | −0.278% | $12K | $20K | — | as long as short |
| BingX ID-USDTlong | +0.0550% | 4h | 0.03837 | long leg | — | $2.3M | — |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0582% | 4h | 0.03844 | +0.182% | $1.0M | $843K | 50x | as long as short |
Bitget IDUSDT