Funding you earn now, next payment 07:00 UTC+0.2002%/8h= +219.3% APRpaid last 24h +0.142%
Price spread now: Kraken Futures against BingX+0.136%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 +$60 a day on $10k at the current rate, and Kraken Futures is 0.136% dearer against BingX than usual: you sell high and buy low: +$14 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 | BingX ZRX-USDT | 0.1187 | 0.0100 | pay 0.0050% / 4h | 1h 30m | — | $2.3M | — |
| Short | Kraken Futures PF_ZRXUSD | 0.1189 | 0.2102 | get 0.0263% / 1h | 30m 17s | $38K | $5K | 10x |
BingX ZRX-USDT
Kraken Futures PF_ZRXUSDFunding 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
- $420.49
- Price spread: +0.136% → 0.000%
- $13.63
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $414.12
- Costs to cover
- 0.200%
- Break-even
- 0.1 days
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 | 12.64 bp | 36.2 bp −$36 | 88.7 bp −$887 | 830.7 bp −$83.1K | 1327.1 bp −$663.6K |
| 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.
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0052% | 4h | 0.1186 | −0.084% | $92K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.060% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1186 | −0.067% | $1.4M | $338K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1187 | −0.042% | $522K | $361K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1185 | −0.177% | $142K | $39K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1187 | 0.000% | $891K | $164K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1187 | 0.000% | $298K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.084% | $596K | $138K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1187 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1186 | −0.119% | $22K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSDshort | +0.2102% | 1h | 0.1189 | +0.136% | $38K | $5K | 10x |