Funding you earn now, next payment 02:00 UTC+0.0655%/8h= +71.7% APRpaid last 24h −0.016%
Price spread now: Bitget against Kraken Futures−0.174%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. Bitget is 0.174% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 21 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_API3USD | 0.2616 | −0.0555 | get 0.0069% / 1h | 11m 46s | $13K | $2K | 10x |
| Short | Bitget API3USDT | 0.2611 | 0.0100 | get 0.0050% / 4h | 2h 11m | $656K | $203K | 20x |
Kraken Futures PF_API3USD
Bitget API3USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $137.48
- Price spread: −0.174% → 0.000%
- −$17.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $98.07
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 54 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 54 min ago | 5.70 bp | 27.8 bp −$28 | 96.3 bp −$963 | doesn't fit | doesn't fit |
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.
API3 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_API3USDlong | −0.0555% | 1h | 0.2616 | long leg | $13K | $2K | 10x | |
| Aster API3USDT | +0.0100% | 4h | 0.2613 | −0.098% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2608 | −0.282% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2607 | −0.327% | $991K | $397K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2606 | −0.365% | $649K | $526K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2614 | −0.059% | $126K | $103K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2611 | −0.174% | $483K | $266K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2611 | −0.174% | $1.0M | $273K | 30x | as long as short |
| Bitget API3USDTshort | +0.0100% | 4h | 0.2611 | −0.174% | $656K | $203K | 20x | |
| BingX API3-USDT | +0.0100% | 4h | 0.2612 | −0.136% | — | $6.7M | — | as long as short |
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
BingX API3-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni API3 | +0.0100% | 4h | 0.2619 | +0.113% | $6K | $1 | — | as long as short |
Variational Omni API3