Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.6% APRpaid last 24h +0.088%
Price spread now: Kraken Futures against BloFin−0.013%57s7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as 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−$1121.116% of the position
Funding, last 7 days+1.158%+$116 on $10k
+Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.013%, 7d avg +0.120%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.120%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.158%, so the current rate has only just turned against you. 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 | BloFin KAS-USDT | 0.04321 | 0.0340 | pay 0.0170% / 4h | 44m 19s | $374K | $207K | 75x |
| Short | Kraken Futures PF_KASUSD | 0.04320 | 0.0317 | get 0.0040% / 1h | 44m 19s | $298K | $456K | 20x |
BloFin KAS-USDT
Kraken Futures PF_KASUSDFunding 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
- −$4.92
- Price spread: −0.013% → +0.120%
- −$13.29
- Slippage, 4 orders
- −$89.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$129.78
- Costs to cover
- 1.116%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 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, 31 min ago | 6.85 bp | 15.1 bp −$15 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 33 min ago | 5.73 bp | 42.5 bp −$43 | 158.5 bp −$1,585 | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04316 | −0.116% | $11K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.926% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04323 | +0.041% | $253K | $167K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04324 | +0.078% | $4.0M | $11.3M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04318 | −0.069% | $10.7M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04317 | −0.093% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04322 | +0.023% | $27.8M | $4.4M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04323 | +0.044% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04319 | −0.046% | $11.9M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04319 | −0.046% | — | $69.5M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04312 | −0.198% | $25K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0226% / S −0.3824% | 1h | 0.04317 | −0.088% | $12K | — | 100x | as long as short |
| Kraken Futures PF_KASUSDshort | +0.0317% | 1h | 0.04320 | −0.013% | $298K | $456K | 20x | |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04321 | long leg | $374K | $207K | 75x | |
| Hyperliquid KAS | +0.1227% | 1h | 0.04331 | +0.220% | $2.8M | $982K | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS