Funding you earn now, next payment 06:00 UTC−0.1310%/8h= −143.4% APRpaid last 24h −0.058%
Price spread now: Kraken Futures against BingX−3.089%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$535as in the Price arb table
costs, in and out, $10k−$2352.347% of the position
Funding, last 7 days−1.545%−$155 on $10k
+Price spread, last 4 days (all we have)+2.872%+$287 · spread now −3.089%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Kraken Futures is 2.998% cheaper against BingX than usual: you would sell low and buy high (−$300 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.05771 | 0.0486 | pay 0.0243% / 4h | 2h 06m | — | $3.8M | — |
| Short | Kraken Futures PF_MUBARAKUSD | 0.05593 | −0.0824 | pay 0.0103% / 1h | 6m 54s | $74K | $584K | 10x |
BingX MUBARAK-USDT
Kraken Futures PF_MUBARAKUSDFunding 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
- −$275.1
- Price spread: −3.089% → −0.091%
- −$299.82
- Slippage, 4 orders
- −$214.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$809.64
- Costs to cover
- 2.347%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Kraken Futures: live order book, 41 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 | 5.59 bp | 16.9 bp −$17 | 37.8 bp −$378 | 212.4 bp −$21.2K | 912.8 bp −$456.4K |
| Sell Kraken Futures live order book, 41 min ago | 68.79 bp | 111.3 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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_MUBARAKUSDshort | −0.0824% | 1h | 0.05593 | −3.089% | $74K | $584K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05793 | +0.376% | $4.2M | $101.8M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05494 | −4.805% | $12K | $63K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0438% | 4h | 0.05793 | +0.381% | $1.4M | $2.0M | 50x | as long as short |
| Bybit MUBARAKUSDT | +0.0438% | 4h | 0.05791 | +0.340% | $5.1M | $19.8M | 25x | as long as short |
| Binance MUBARAKUSDT | +0.0440% | 4h | 0.05779 | +0.139% | $24.7M | $153.6M | 25x | as long as short |
| BingX MUBARAK-USDTlong | +0.0486% | 4h | 0.05771 | long leg | — | $3.8M | — | |
| Bitget MUBARAKUSDT | +0.0510% | 4h | 0.05809 | +0.658% | $3.9M | $13.6M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0555% | 4h | 0.05781 | +0.182% | $16K | $682K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1060% | 4h | 0.05755 | −0.277% | $2.8M | $2.3M | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Bybit MUBARAKUSDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2486% | 4h | 0.05798 | +0.468% | $10.1M | $8.9M | 50x | as long as short |
Gate MUBARAK_USDT