Funding arb · Price arb /

EGLD

all EGLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0664%/8h= −72.7% APRpaid last 24h −0.045%

Price spread now: Kraken Futures against BloFin+0.192%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$151as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$990.985% of the position

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.522%−$52 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.192%, 7d avg +0.146%

Together, before fees−0.538%−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.046% dearer against BloFin than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of +0.146%): +$5 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.522% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EGLD-USDT	4.3740	0.0220	pay 0.0220% / 8h	4m 33s	$213K	$553K	75x
Short	Kraken Futures PF_EGLDUSD	4.3824	−0.0444	pay 0.0055% / 1h	4m 33s	$438K	$573K	20x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee Kraken FuturesbpOrdersPrice spread, now +0.192%Rate

Funding earned: −$139.38
Price spread: +0.192% → +0.146%: $4.57
Slippage, 4 orders: −$76.53
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$233.34
Costs to cover: 0.985%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; Kraken Futures: live order book, 33 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, 12 min ago	2.29 bp	21.3 bp −$21	37.0 bp −$370	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 33 min ago	13.73 bp	30.5 bp −$30	doesn't fit	doesn't fit	doesn't fit

EGLD on 12 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_EGLDUSDshort	−0.0444%	1h	4.3824	+0.192%	$438K	$573K	20x
Injective EGLD/USDC PERP	+0.0033%	1h	3.6600	−16.324%	$16	$46K	5.5x	as long as short
Binance EGLDUSDT	+0.0100%	8h	4.3790	+0.114%	$4.5M	$19.8M	75x	as long as short
Bybit EGLDUSDT	+0.0100%	8h	4.3800	+0.137%	$2.5M	$6.6M	75x	as long as short
Gate EGLD_USDT	+0.0100%	8h	4.3860	+0.274%	$449K	$511K	30x	as long as short
MEXC EGLD_USDT	+0.0100%	8h	4.3800	+0.137%	$4.0M	$2.8M	125x	as long as short
KuCoin EGLDUSDTM	+0.0100%	8h	4.3870	+0.297%	$2.8M	$960K	50x	as long as short
Bitget EGLDUSDT	+0.0100%	8h	4.3820	+0.183%	$2.2M	$3.1M	75x	as long as short
Variational Omni EGLD	+0.0100%	8h	4.3754	+0.032%	$16K	$54K	—	as long as short
BloFin EGLD-USDTlong	+0.0220%	8h	4.3740	long leg	$213K	$553K	75x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX EGLD-USDT	+0.0391%	8h	4.3780	+0.091%	—	$2.8M	—	as long as short
OKX EGLD-USDT-SWAP	+0.0417%	8h	4.3800	+0.137%	$596K	$3.2M	20x	as long as short