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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0521%/8h= +57.0% APRpaid last 24h −0.269%
Price spread now: Kraken Futures against BingX−0.280%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.280% cheaper against BingX than usual: you would sell low and buy high (spread −0.280% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 43 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BB-USDT0.0089700.0344pay 0.0172% / 4h37m 54s$1.3M
ShortKraken Futures PF_BBUSD0.0089450.0865get 0.0108% / 1h37m 54s$21K$3K10x

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

Profit calculator

Funding earned
$109.4
Price spread: −0.280% → 0.000%
−$27.98
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$61.42
Costs to cover
0.200%
Break-even
3.1 days
Slippage unknown: BingX: live order book, 8 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago7.80 bp31.3 bp −$31112.3 bp −$1,123627.8 bp −$62.8K998.1 bp −$499.1K
Sell Kraken Futures no order-book sample
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.

BB on 9 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
Aster BBUSDT+0.0100%4h0.008966−0.040%$13K$12K5xas long as short
Binance BBUSDT+0.0100%4h0.008963−0.073%$3.2M$7.0M50xas long as short
Gate BB_USDT+0.0100%4h0.009000+0.334%$133K$227K50xas long as short
MEXC BB_USDT+0.0100%4h0.008966−0.045%$1.3M$565K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.008980+0.111%$440K$99K50xas long as short
Bitget BBUSDT+0.0100%4h0.008980+0.111%$333K$504K50xas long as short
Bybit BBUSDT+0.0334%4h0.008974+0.045%$679K$807K25xas long as short
BingX BB-USDTlong+0.0344%4h0.008970long leg$1.3M
Kraken Futures PF_BBUSDshort+0.0865%1h0.008945−0.280%$21K$3K10x