Funding you earn now, next payment 07:00 UTC+0.0931%/8h= +101.9% APRpaid last 24h +0.131%
Price spread now: Kraken Futures against BloFin+0.301%57s7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1671.674% of the position
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.301%, 7d avg +0.151%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Kraken Futures is 0.150% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.151%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.529% in total (about 27.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1356 | 0.0097 | pay 0.0097% / 8h | 1h 19m | $291K | $17K | 75x |
| Short | Kraken Futures PF_DYDXUSD | 0.1360 | 0.1027 | get 0.0128% / 1h | 19m 59s | $309K | $340K | 20x |
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $195.41
- Price spread: +0.301% → +0.151%
- $15.05
- Slippage, 4 orders
- −$145.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $43.1
- Costs to cover
- 1.674%
- Break-even
- 5.5 days
Slippage from BloFin: live order book, 47 min ago; Kraken Futures: live order book, 23 min ago.
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 BloFin live order book, 47 min ago | 14.74 bp | 21.7 bp −$22 | 48.7 bp −$487 | 381.3 bp −$38.1K | doesn't fit |
| Sell Kraken Futures live order book, 23 min ago | 12.21 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0045% | 1h | 0.1358 | +0.147% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1359 | +0.221% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1360 | +0.265% | $60K | $48K | 5x | as long as short |
| BloFin DYDX-USDTlong | +0.0097% | 8h | 0.1356 | long leg | $291K | $17K | 75x | |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1360 | +0.273% | $2.0M | $726K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.151% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.158% | $5.3M | $8.1M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.147% | $4.7M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1358 | +0.170% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1358 | +0.140% | $380K | $435K | 75x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1359 | +0.221% | $2.9M | $790K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1360 | +0.295% | $2.3M | $3.5M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1360 | +0.295% | $1.4M | $923K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1358 | +0.147% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1359 | +0.197% | $1K | $117K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | +0.295% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1358 | +0.179% | $922 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1361 | +0.369% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1361 | +0.369% | $17K | $28K | 50x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.1027% | 1h | 0.1360 | +0.301% | $309K | $340K | 20x | |
| dYdX DYDX-USD | +0.5754% | 1h | 0.1358 | +0.166% | $77K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD