Funding you earn now, next payment 06:00 UTC+0.0540%/8h= +59.1% APRpaid last 24h −0.084%
Price spread now: BloFin against Kraken Futures+0.046%7-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 +$16 a day on $10k at the current rate, and BloFin is 0.046% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007568 | −0.0472 | get 0.0059% / 1h | 6m 47s | $44K | $8K | 10x |
| Short | BloFin ALT-USDT | 0.007571 | 0.0067 | get 0.0034% / 4h | 2h 06m | $168K | $9K | 50x |
Kraken Futures PF_ALTUSD
BloFin ALT-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
- $113.32
- Price spread: +0.046% → 0.000%
- $4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $95.94
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 8 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, 8 min ago | 0.66 bp | 18.3 bp −$18 | 53.2 bp −$532 | 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.
ALT 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_ALTUSDlong | −0.0472% | 1h | 0.007568 | long leg | $44K | $8K | 10x | |
| Deribit ALT_USDC-PERPETUAL | −0.0014% | 1h | 0.007573 | +0.073% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.632% | $837 | $4K | 5.5x | as long as short |
| BloFin ALT-USDTshort | +0.0067% | 4h | 0.007571 | +0.046% | $168K | $9K | 50x | |
| Variational Omni ALT | +0.0069% | 4h | 0.007566 | −0.024% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007563 | −0.059% | $1.1M | $140K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007570 | +0.033% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007564 | −0.046% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007565 | −0.033% | $50K | $396K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007569 | +0.020% | $380K | $173K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007574 | +0.086% | $146K | $19K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007562 | −0.073% | $607K | $132K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007566 | −0.020% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.632% | $14K | $2K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX