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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0379%/8hpaid last 24h −0.292%
Price spread now: Kraken Futures against BingX−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GMT-USDT0.0083090.0100pay 0.0050% / 4h5m 25s$1.2M
ShortKraken Futures PF_GMTUSD0.008309−0.0279pay 0.0035% / 1h5m 25s$47K$7K20x

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
−$79.67
Price spread: −0.005% → 0.000%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$100.17
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 15 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, 15 min ago4.83 bp20.0 bp −$2062.2 bp −$622557.5 bp −$55.7K905.1 bp −$452.6K
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.

GMT on 12 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
Kraken Futures PF_GMTUSDshort−0.0279%1h0.008309−0.005%$47K$7K20x
Hyperliquid GMT+0.0100%1h0.008307−0.024%$122K$124K3xas long as short
Aster GMTUSDT+0.0100%4h0.0083090.000%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008306−0.032%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008308−0.012%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008306−0.036%$340K$560K20xas long as short
Gate GMT_USDT+0.0100%8h0.008310+0.012%$151K$119K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008306−0.036%$412K$181K20xas long as short
KuCoin GMTUSDTM+0.0100%4h0.008290−0.229%$254K$102K50xas long as short
Bitget GMTUSDT+0.0100%4h0.008303−0.072%$668K$429K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDTlong+0.0100%4h0.008309long leg$1.2M
Variational Omni GMT+0.0100%8h0.008308−0.013%$3K$5Kas long as short