Funding you earn now, next payment 00:00 UTC−0.2441%/8h= −267.3% APRpaid last 24h +0.094%
Price spread now: Kraken Futures against BingX+0.299%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$2112.115% of the position
Funding, last 7 days−0.319%−$32 on $10k
+Price spread, last 3 days (all we have)−0.402%−$40 · spread now +0.299%, 7d avg +0.083%
=The price spread pays, funding is against you. Kraken Futures is 0.217% dearer against BingX than usual: you sell high and buy low (spread +0.299% now, against its 7-day average of +0.083%): +$22 on $10k if it goes back. Holding the pair costs −$73 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.319% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.319% in total (about -16.6% 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 JASMY-USDT | 0.004372 | 0.0100 | pay 0.0100% / 8h | 40m 18s | — | $7.8M | — |
| Short | Kraken Futures PF_JASMYUSD | 0.004385 | −0.2341 | pay 0.0293% / 1h | 40m 18s | $251K | $226K | 20x |
BingX JASMY-USDT
Kraken Futures PF_JASMYUSDFunding 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
- −$512.67
- Price spread: +0.299% → +0.083%
- $21.67
- Slippage, 4 orders
- −$191.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$702.46
- Costs to cover
- 2.115%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Kraken Futures: live order book, 37 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, 13 min ago | 4.56 bp | 17.8 bp −$18 | 41.4 bp −$414 | 398.5 bp −$39.8K | 504.9 bp −$252.4K |
| Sell Kraken Futures live order book, 37 min ago | 28.69 bp | 89.3 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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_JASMYUSDshort | −0.2341% | 1h | 0.004385 | +0.299% | $251K | $226K | 20x | |
| Coinbase International JASMY-PERP-INTX | −0.0568% | 1h | 0.004337 | −0.801% | $16K | $15K | 25x | as long as short |
| KuCoin JASMYUSDTM | +0.0005% | 8h | 0.004373 | +0.023% | $3.4M | $2.4M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004380 | +0.193% | $7K | $15K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004372 | −0.002% | $3.4M | $5.3M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004377 | +0.114% | $3.9M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004370 | −0.046% | $418K | $206K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004372 | 0.000% | $10.0M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004375 | +0.069% | $1.7M | $583K | 50x | as long as short |
| BingX JASMY-USDTlong | +0.0100% | 8h | 0.004372 | long leg | — | $7.8M | — |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JASMY | +0.0100% | 8h | 0.004369 | −0.070% | $124K | $34K | — | as long as short |
| Extended JASMY-USD | +0.0104% | 1h | 0.004371 | −0.021% | $6K | $199K | 10x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0207% | 1h | 0.004377 | +0.114% | — | — | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004374 | +0.046% | $226K | $195K | 75x | as long as short |
Variational Omni JASMY
Extended JASMY-USD
Deribit JASMY_USDC-PERPETUAL
BloFin JASMY-USDT