Settings8H · net · $10k
Funding arb · Price arb /

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.1323%/8hpaid last 24h +0.008%
Price spread now: OKX against Kraken Futures+0.281%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1871.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.551%+$155 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.281%, 7d avg +0.037%
Together, before fees+1.418%+$142 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and OKX is 0.244% dearer against Kraken Futures than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MUBARAKUSD0.04406−0.1223get 0.0153% / 1h23m 20s$65K$386K10x
ShortOKX MUBARAK-USDT-SWAP0.044180.0100get 0.0050% / 4h23m 20s$2.7M$51.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$277.85
Price spread: +0.281% → +0.037%
$24.44
Slippage, 4 orders
−$167.5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$114.79
Costs to cover
1.875%
Break-even
4.1 days
Slippage from Kraken Futures: live order book, 8 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 8 min ago14.28 bp61.0 bp −$617714.4 bp −$77.1Kdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.05 bp21.5 bp −$22103.7 bp −$1,037doesn't fitdoesn't fit

MUBARAK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MUBARAKUSDlong−0.1223%1h0.04406long leg$65K$386K10x
OKX MUBARAK-USDT-SWAPshort+0.0100%4h0.04418+0.281%$2.7M$51.0M20x
Bitget MUBARAKUSDT+0.0100%4h0.04415+0.213%$2.7M$6.7M25xas long as short
Variational Omni MUBARAK+0.0100%4h0.04420+0.331%$15K$42Kas long as short
Binance MUBARAKUSDT+0.0227%4h0.04413+0.158%$16.2M$80.9M25xas long as short
MEXC MUBARAK_USDT+0.0228%4h0.04419+0.304%$883K$1.4M50xas long as short
Bybit MUBARAKUSDT+0.0391%4h0.04416+0.238%$3.5M$10.0M25xas long as short
BingX MUBARAK-USDT+0.0420%4h0.04415+0.213%$3.1Mas long as short
Aster MUBARAKUSDT+0.0422%4h0.04416+0.237%$17K$369K5xas long as short
Gate MUBARAK_USDT+0.0790%4h0.04421+0.349%$7.0M$5.2M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MUBARAKUSDTM+0.1614%4h0.04432+0.599%$1.7M$881K30xas long as short