Funding you earn now, next payment 02:00 UTC−0.1355%/8h= −148.4% APRpaid last 24h −0.508%
Price spread now: Kraken Futures against BingX+0.003%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$41 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX S-USDT | 0.04036 | 0.0100 | pay 0.0050% / 4h | 2h 44m | — | $6.7M | — |
| Short | Kraken Futures PF_SUSD | 0.04036 | −0.1255 | pay 0.0157% / 1h | 44m 10s | $34K | $23K | 10x |
BingX S-USDT
Kraken Futures PF_SUSDFunding 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
- −$284.61
- Price spread: +0.003% → 0.000%
- $0.35
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$304.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Kraken Futures: no order-book sample. 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 BingX live order book, 8 min ago | 3.75 bp | 16.5 bp −$16 | 51.0 bp −$510 | 448.2 bp −$44.8K | 692.5 bp −$346.2K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.8584% | 1h | 0.03840 | −4.856% | $24K | $2K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.1464% | 1h | 0.03946 | −2.230% | $49K | $5K | 25x | as long as short |
| Kraken Futures PF_SUSDshort | −0.1255% | 1h | 0.04036 | +0.003% | $34K | $23K | 10x | |
| Variational Omni S | −0.0553% | 4h | 0.04015 | −0.511% | $624K | $30K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04037 | +0.017% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04036 | +0.003% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04037 | +0.026% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.586% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0040% | 4h | 0.04038 | +0.050% | $102K | $326K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04042 | +0.149% | $166K | $165K | 5x | as long as short |
01 Exchange SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04041 | +0.114% | $1.0M | $611K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04039 | +0.079% | $44K | $137K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04039 | +0.079% | $5.5M | $15.4M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04033 | −0.074% | $5.8M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04041 | +0.124% | $1.0M | $4.5M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04033 | −0.074% | $332K | $199K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04040 | +0.099% | $3.7M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04037 | +0.025% | $1.9M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04040 | +0.099% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDTlong | +0.0100% | 4h | 0.04036 | long leg | — | $6.7M | — | |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04020 | −0.396% | $26K | $447K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04038 | +0.043% | $226K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04024 | −0.297% | $272K | $122K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0875% | 1h | 0.04040 | +0.099% | $119K | $335K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0988% | 1h | 0.04043 | +0.173% | $68K | $10K | 10x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP
Deribit S_USDC-PERPETUAL