Funding you earn now, next payment 09:00 UTC+0.0392%/8h= +43.0% APRpaid last 24h +0.174%
Price spread now: BloFin against Kraken Futures−0.218%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BloFin is 0.218% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 44 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6241 | −0.0285 | get 0.0036% / 1h | 36m 37s | $37K | $994 | 20x |
| Short | BloFin KSM-USDT | 4.6140 | 0.0108 | get 0.0108% / 8h | 7h 36m | $110K | $18K | 50x |
Kraken Futures PF_KSMUSD
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.42
- Price spread: −0.218% → 0.000%
- −$21.82
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $38.6
- Costs to cover
- 0.220%
- Break-even
- 3.7 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 19 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 19 min ago | 6.49 bp | 17.3 bp −$17 | 49.4 bp −$494 | doesn't fit | doesn't fit |
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.
KSM 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_KSMUSDlong | −0.0285% | 1h | 4.6241 | long leg | $37K | $994 | 20x | |
| Variational Omni KSM | −0.0169% | 8h | 4.6157 | −0.181% | $454K | $30K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6142 | −0.214% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6140 | −0.218% | $2.2M | $665K | 50x | as long as short |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6090 | −0.326% | $765K | $619K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6280 | +0.085% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6160 | −0.175% | $727K | $244K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6210 | −0.067% | $510K | $26K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6280 | +0.085% | $481K | $179K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6160 | −0.175% | — | $2.3M | — | as long as short |
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
OKX KSM-USDT-SWAP
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6150 | −0.197% | $77K | $458K | 5x | as long as short |
| BloFin KSM-USDTshort | +0.0108% | 8h | 4.6140 | −0.218% | $110K | $18K | 50x |
Extended KSM-USD