Funding you earn now, next payment 23:00 UTC+0.1573%/8h= +172.2% APRpaid last 24h −0.075%
Price spread now: Kraken Futures against BingX+0.135%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1461.455% of the position
Funding, last 7 days−1.648%−$165 on $10k
+Price spread, last 3 days (all we have)−0.371%−$37 · spread now +0.135%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Kraken Futures is 0.206% dearer against BingX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 7 days funding on this pair cost −1.648%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.04382 | 0.0544 | pay 0.0272% / 4h | 1h 03m | — | $3.1M | — |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04388 | 0.2117 | get 0.0265% / 1h | 3m 57s | $65K | $418K | 10x |
BingX MUBARAK-USDT
Kraken Futures PF_MUBARAKUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $330.26
- Price spread: +0.135% → −0.071%
- $20.64
- Slippage, 4 orders
- −$125.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $205.39
- Costs to cover
- 1.455%
- Break-even
- 2.6 days
Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 14 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 BingX live order book, 10 min ago | 4.56 bp | 15.5 bp −$15 | 46.6 bp −$466 | 401.0 bp −$40.1K | doesn't fit |
| Sell Kraken Futures live order book, 14 min ago | 45.09 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04383 | +0.018% | $2.6M | $52.6M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04389 | +0.160% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04388 | +0.141% | $13K | $51K | — | as long as short |
| Binance MUBARAKUSDT | +0.0126% | 4h | 0.04384 | +0.050% | $15.9M | $85.7M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0126% | 4h | 0.04387 | +0.114% | $864K | $1.5M | 50x | as long as short |
| Aster MUBARAKUSDT | +0.0269% | 4h | 0.04384 | +0.055% | $21K | $389K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0543% | 4h | 0.04386 | +0.089% | $3.4M | $10.6M | 25x | as long as short |
| BingX MUBARAK-USDTlong | +0.0544% | 4h | 0.04382 | long leg | — | $3.1M | — | |
| Gate MUBARAK_USDT | +0.0812% | 4h | 0.04387 | +0.114% | $6.9M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1736% | 4h | 0.04387 | +0.114% | $1.5M | $985K | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDshort | +0.2117% | 1h | 0.04388 | +0.135% | $65K | $418K | 10x |