Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h −0.128%
Price spread now: Kraken Futures against Bitget−0.047%58s7-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 0.047% cheaper against Bitget than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 27 hours of funding at the current rate (+$4 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ANIMEUSDT | 0.003361 | 0.0100 | pay 0.0050% / 4h | 28m 26s | $851K | $163K | 10x |
| Short | Kraken Futures PF_ANIMEUSD | 0.003359 | 0.0241 | get 0.0030% / 1h | 28m 26s | $33K | $1K | 10x |
Bitget ANIMEUSDT
Kraken Futures PF_ANIMEUSDFunding 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
- $29.51
- Price spread: −0.047% → 0.000%
- −$4.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2.79
- Costs to cover
- 0.220%
- Break-even
- 6.3 days
Slippage unknown: Bitget: live order book, 27 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, 27 min ago | 11.88 bp | 35.8 bp −$36 | 453.9 bp −$4,539 | 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.
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ANIME | +0.0100% | 1h | 0.003359 | −0.060% | $292K | $100K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003365 | +0.125% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003361 | +0.010% | $1.3M | $1.7M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003361 | 0.000% | $700K | $291K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003354 | −0.208% | $428K | $543K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003359 | −0.060% | $140K | $63K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003360 | −0.030% | $212K | $89K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003362 | +0.030% | $438K | $60K | 20x | as long as short |
| Bitget ANIMEUSDTlong | +0.0100% | 4h | 0.003361 | long leg | $851K | $163K | 10x | |
| BingX ANIME-USDT | +0.0100% | 4h | 0.003362 | +0.030% | — | $6.5M | — | as long as short |
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
BingX ANIME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ANIME | +0.0100% | 4h | 0.003362 | +0.042% | $11K | $553 | — | as long as short |
| Kraken Futures PF_ANIMEUSDshort | +0.0241% | 1h | 0.003359 | −0.047% | $33K | $1K | 10x | |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003357 | −0.119% | $820 | — | 100x | as long as short |
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]