Funding you earn now, next payment 06:00 UTC+0.0586%/8h= +64.1% APRpaid last 24h +0.178%
Price spread now: BloFin against Kraken Futures+0.029%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.029% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.5647 | −0.0494 | get 0.0062% / 1h | 26m 51s | $37K | $1K | 20x |
| Short | BloFin KSM-USDT | 4.5660 | 0.0092 | get 0.0092% / 8h | 2h 26m | $109K | $18K | 50x |
Kraken Futures PF_KSMUSD
BloFin KSM-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
- $122.99
- Price spread: +0.029% → 0.000%
- $2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $103.91
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 44 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, 44 min ago | 1.08 bp | 16.6 bp −$17 | 47.3 bp −$473 | 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.
KSM 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_KSMUSDlong | −0.0494% | 1h | 4.5647 | long leg | $37K | $1K | 20x | |
| OKX KSM-USDT-SWAP | −0.0476% | 4h | 4.5510 | −0.299% | $746K | $628K | 20x | as long as short |
| Variational Omni KSM | −0.0397% | 8h | 4.5608 | −0.085% | $449K | $38K | — | as long as short |
| BloFin KSM-USDTshort | +0.0092% | 8h | 4.5660 | +0.029% | $109K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.5550 | −0.211% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5520 | −0.277% | $2.2M | $665K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5680 | +0.073% | $84K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5610 | −0.080% | $727K | $240K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5670 | +0.051% | $505K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5600 | −0.102% | $476K | $209K | 50x | as long as short |
OKX KSM-USDT-SWAP
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.5620 | −0.058% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.5560 | −0.190% | $77K | $420K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD