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
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. 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BB-USDT | 0.008970 | 0.0344 | pay 0.0172% / 4h | 37m 54s | — | $1.3M | — |
| Short | Kraken Futures PF_BBUSD | 0.008945 | 0.0865 | get 0.0108% / 1h | 37m 54s | $21K | $3K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 7.80 bp | 31.3 bp −$31 | 112.3 bp −$1,123 | 627.8 bp −$62.8K | 998.1 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.008966 | −0.040% | $13K | $12K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.008963 | −0.073% | $3.2M | $7.0M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009000 | +0.334% | $133K | $227K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.008966 | −0.045% | $1.3M | $565K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.008980 | +0.111% | $440K | $99K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.008980 | +0.111% | $333K | $504K | 50x | as long as short |
| Bybit BBUSDT | +0.0334% | 4h | 0.008974 | +0.045% | $679K | $807K | 25x | as long as short |
| BingX BB-USDTlong | +0.0344% | 4h | 0.008970 | long leg | — | $1.3M | — | |
| Kraken Futures PF_BBUSDshort | +0.0865% | 1h | 0.008945 | −0.280% | $21K | $3K | 10x |
BingX BB-USDT
Kraken Futures PF_BBUSD
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Bybit BBUSDT