Funding you earn now, next payment 01:00 UTC−0.1160%/8h= −127.0% APRpaid last 24h −0.059%
Price spread now: BingX against Kraken Futures+0.071%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1891.889% of the position
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 3 days (all we have)+0.055%+$6 · spread now +0.071%, 7d avg −0.084%
=The price spread pays, funding is against you. BingX is 0.155% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.084%): +$15 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.339%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.339% in total (about 17.7% 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 | Kraken Futures PF_JASMYUSD | 0.004436 | 0.1260 | pay 0.0157% / 1h | 1m 14s | $253K | $221K | 20x |
| Short | BingX JASMY-USDT | 0.004439 | 0.0100 | get 0.0100% / 8h | 7h 01m | — | $7.8M | — |
Kraken Futures PF_JASMYUSD
BingX JASMY-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$243.56
- Price spread: +0.071% → −0.084%
- $15.49
- Slippage, 4 orders
- −$168.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$416.95
- Costs to cover
- 1.889%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; BingX: live order book, 6 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 Kraken Futures live order book, 6 min ago | 42.51 bp | 75.6 bp −$76 | 177.6 bp −$1,776 | 39119.8 bp −$3.91M | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.59 bp | 27.6 bp −$28 | 59.0 bp −$590 | 446.5 bp −$44.7K | 560.0 bp −$280.0K |
JASMY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | −0.0616% | 1h | 0.004428 | −0.177% | $17K | $20K | 25x | as long as short |
| KuCoin JASMYUSDTM | +0.0034% | 8h | 0.004437 | +0.026% | $3.4M | $2.6M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004434 | −0.053% | $7K | $19K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004427 | −0.200% | $3.4M | $5.4M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004420 | −0.358% | $3.9M | $2.2M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004432 | −0.087% | $444K | $244K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004432 | −0.087% | $10.0M | $2.9M | 200x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004429 | −0.155% | $1.8M | $581K | 50x | as long as short |
| BingX JASMY-USDTshort | +0.0100% | 8h | 0.004439 | +0.071% | — | $7.8M | — | |
| Variational Omni JASMY | +0.0100% | 8h | 0.004428 | −0.183% | $126K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
Bitget JASMYUSDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004428 | −0.187% | $4K | $197K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004428 | −0.177% | $227K | $221K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.1105% | 1h | 0.004435 | −0.019% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDlong | +0.1260% | 1h | 0.004436 | long leg | $253K | $221K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL