Funding you earn now, next payment 04:00 UTC+0.0393%/8h= +43.1% APRpaid last 24h +0.303%
Price spread now: Bitget against Kraken Futures−0.057%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 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.7201 | −0.0293 | get 0.0037% / 1h | 2m 12s | $8K | $272 | 10x |
| Short | Bitget AUCTIONUSDT | 3.7180 | 0.0100 | get 0.0050% / 4h | 2m 12s | $375K | $154K | 25x |
Kraken Futures PF_AUCTIONUSD
Bitget AUCTIONUSDTFunding 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
- $82.61
- Price spread: −0.057% → 0.000%
- −$5.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $54.92
- Costs to cover
- 0.220%
- Break-even
- 2.3 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 48 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, 48 min ago | 4.08 bp | 20.9 bp −$21 | 138.9 bp −$1,389 | 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.
AUCTION 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_AUCTIONUSDlong | −0.0293% | 1h | 3.7201 | long leg | $8K | $272 | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7171 | −0.081% | $928 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7174 | −0.072% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7190 | −0.030% | $593K | $270K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7130 | −0.191% | $785K | $706K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7190 | −0.030% | $106K | $70K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7170 | −0.084% | $441K | $146K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7180 | −0.057% | $371K | $110K | 20x | as long as short |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.7180 | −0.057% | $375K | $154K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7170 | −0.084% | — | $12.3M | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7193 | −0.021% | $172 | $38 | — | as long as short |
Variational Omni AUCTION