Funding you earn now, next payment 08:00 UTC−0.1210%/8h= −132.5% APRpaid last 24h +0.120%
Price spread now: BingX against Kraken Futures−0.039%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2832.829% of the position
Funding, last 7 days+1.169%+$117 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.039%, 7d avg +0.091%
=Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and BingX is 0.130% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.169%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05484 | 0.2328 | pay 0.0291% / 1h | 36m 18s | $76K | $761K | 10x |
| Short | BingX MUBARAK-USDT | 0.05482 | 0.1118 | get 0.0559% / 4h | 36m 18s | — | $4.6M | — |
Kraken Futures PF_MUBARAKUSD
BingX MUBARAK-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
- −$254.09
- Price spread: −0.039% → +0.091%
- −$13.01
- Slippage, 4 orders
- −$262.91
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$550.01
- Costs to cover
- 2.829%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; BingX: live order book, 13 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, 2 min ago | 77.01 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.50 bp | 15.0 bp −$15 | 55.6 bp −$556 | 198.4 bp −$19.8K | 816.1 bp −$408.1K |
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 | +0.0278% | 4h | 0.05508 | +0.435% | $4.5M | $120.6M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0398% | 4h | 0.05482 | −0.039% | $3.7M | $19.8M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0517% | 4h | 0.05600 | +2.119% | $14K | $71K | — | as long as short |
| Aster MUBARAKUSDT | +0.0677% | 4h | 0.05479 | −0.093% | $13K | $921K | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0804% | 4h | 0.05493 | +0.162% | $1.7M | $2.7M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0809% | 4h | 0.05483 | −0.025% | $24.8M | $214.7M | 25x | as long as short |
| BingX MUBARAK-USDTshort | +0.1118% | 4h | 0.05482 | −0.039% | — | $4.6M | — | |
| Bybit MUBARAKUSDT | +0.1269% | 4h | 0.05502 | +0.319% | $5.5M | $29.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1502% | 4h | 0.05492 | +0.144% | $2.9M | $3.3M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSDlong | +0.2328% | 1h | 0.05484 | long leg | $76K | $761K | 10x |
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2452% | 4h | 0.05483 | −0.020% | $9.4M | $13.1M | 50x | as long as short |
Gate MUBARAK_USDT