Funding you earn now, next payment 07:00 UTC+0.2823%/8h= +309.1% APRpaid last 24h +2.241%
Price spread now: Kraken Futures against Bitget−0.054%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Kraken Futures is 0.054% cheaper against Bitget than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$85 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALCHUSDT | 0.05109 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $891K | $2.0M | 10x |
| Short | Kraken Futures PF_ALCHUSD | 0.05106 | 0.2923 | get 0.0365% / 1h | 37m 16s | $12K | $36K | 10x |
Bitget ALCHUSDT
Kraken Futures PF_ALCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $592.81
- Price spread: −0.054% → 0.000%
- −$5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $565.4
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 11.73 bp | 59.9 bp −$60 | 265.4 bp −$2,654 | doesn't fit | doesn't fit |
| 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.
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05102 | −0.137% | $2.9M | $6.5M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05113 | +0.078% | $291K | $723K | 20x | as long as short |
| Bitget ALCHUSDTlong | +0.0100% | 4h | 0.05109 | long leg | $891K | $2.0M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05095 | −0.272% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0558% | 4h | 0.05107 | −0.039% | $12K | $127K | 5x | as long as short |
| Binance ALCHUSDT | +0.0708% | 4h | 0.05107 | −0.046% | $6.0M | $28.4M | 10x | as long as short |
| MEXC ALCH_USDT | +0.0716% | 4h | 0.05115 | +0.117% | $5.0M | $2.6M | 100x | as long as short |
| BingX ALCH-USDT | +0.0728% | 4h | 0.05110 | +0.020% | — | $6.8M | — | as long as short |
| BloFin ALCH-USDT | +0.0758% | 4h | 0.05105 | −0.078% | $386K | $118K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0934% | 4h | 0.05101 | −0.157% | $1.2M | $307K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
BingX ALCH-USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.2923% | 1h | 0.05106 | −0.054% | $12K | $36K | 10x |