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

BB

all BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0916%/8h= −100.3% APRpaid last 24h +0.353%
Price spread now: BingX against Kraken Futures+0.088%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BingX is 0.088% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BBUSD0.0090740.1896pay 0.0237% / 1h2m 03s$21K$3K10x
ShortBingX BB-USDT0.0090820.0980get 0.0490% / 4h2h 02m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$192.28
Price spread: +0.088% → 0.000%
$8.83
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$203.45
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 13 min ago. 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 Kraken Futures no order-book sample
Sell BingX live order book, 13 min ago9.32 bp38.7 bp −$39114.8 bp −$1,148529.0 bp −$52.9Kdoesn'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.

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%4h0.0090740.000%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009074+0.002%$3.3M$6.9M50xas long as short
Gate BB_USDT+0.0100%4h0.009080+0.066%$132K$224K50xas long as short
MEXC BB_USDT+0.0100%4h0.0090740.000%$1.4M$594K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009090+0.176%$445K$90K50xas long as short
Bitget BBUSDT+0.0100%4h0.009080+0.066%$327K$481K50xas long as short
BingX BB-USDTshort+0.0980%4h0.009082+0.088%$1.3M
Bybit BBUSDT+0.1069%4h0.009078+0.044%$685K$803K25xas long as short
Kraken Futures PF_BBUSDlong+0.1896%1h0.009074long leg$21K$3K10x