Funding you earn now, next payment 01:00 UTC−0.0635%/8h= −69.5% APRpaid last 24h −0.195%
Price spread now: BloFin against Kraken Futures−0.076%57s7-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
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BloFin is 0.076% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03775 | 0.0728 | pay 0.0091% / 1h | 51m 18s | $4K | $2K | 10x |
| Short | BloFin ID-USDT | 0.03772 | 0.0094 | get 0.0047% / 4h | 3h 51m | $161K | $12K | 50x |
Kraken Futures PF_IDUSD
BloFin ID-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$133.29
- Price spread: −0.076% → 0.000%
- −$7.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$162.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 5 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 5.30 bp | 21.8 bp −$22 | 54.9 bp −$549 | doesn't fit | doesn'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.
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.0050% | 4h | 0.03787 | +0.322% | $251K | $235K | 25x | as long as short |
| BloFin ID-USDTshort | +0.0094% | 4h | 0.03772 | −0.076% | $161K | $12K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03782 | +0.193% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03792 | +0.454% | $2.5M | $3.5M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03785 | +0.269% | $1.4M | $1.1M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03782 | +0.189% | $423K | $158K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03785 | +0.269% | $1.1M | $66K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03795 | +0.534% | $799K | $603K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03789 | +0.375% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03790 | +0.412% | $12K | $20K | — | as long as short |
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | +0.0728% | 1h | 0.03775 | long leg | $4K | $2K | 10x |