Funding you earn now, next payment 03:00 UTC+0.0583%/8h= +63.8% APRpaid last 24h +0.182%
Price spread now: Kraken Futures against BloFin+0.024%57s7-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
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.024% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03799 | 0.0042 | pay 0.0021% / 4h | 1h 28m | $160K | $14K | 50x |
| Short | Kraken Futures PF_IDUSD | 0.03800 | 0.0624 | get 0.0078% / 1h | 28m 15s | $4K | $2K | 10x |
BloFin ID-USDT
Kraken Futures PF_IDUSDFunding 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
- $122.35
- Price spread: +0.024% → 0.000%
- $2.35
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $102.7
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 6.58 bp | 18.2 bp −$18 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDTlong | +0.0042% | 4h | 0.03799 | long leg | $160K | $14K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03808 | +0.234% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03799 | 0.000% | $2.4M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03807 | +0.211% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03805 | +0.158% | $252K | $242K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03799 | 0.000% | $409K | $189K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03804 | +0.132% | $1.1M | $65K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03802 | +0.072% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0114% | 4h | 0.03803 | +0.105% | — | $2.3M | — | as long as short |
| Bitget IDUSDT | +0.0128% | 4h | 0.03806 | +0.184% | $819K | $642K | 50x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDT
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDshort | +0.0624% | 1h | 0.03800 | +0.024% | $4K | $2K | 10x |