Funding you earn now, next payment 01:00 UTC+0.0603%/8h= +66.0% APRpaid last 24h −0.333%
Price spread now: Kraken Futures against Bitget−0.304%48s7-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 0.304% cheaper against Bitget than usual: you would sell low and buy high (spread −0.304% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 40 hours of funding at the current rate (+$18 a day). The two prices were read 48 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 BBUSDT | 0.009230 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $332K | $464K | 50x |
| Short | Kraken Futures PF_BBUSD | 0.009202 | 0.0703 | get 0.0088% / 1h | 43m 21s | $22K | $2K | 10x |
Bitget BBUSDT
Kraken Futures PF_BBUSDFunding 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
- $126.64
- Price spread: −0.304% → 0.000%
- −$30.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $74.28
- Costs to cover
- 0.220%
- Break-even
- 2.9 days
Slippage unknown: Bitget: live order book, 22 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, 22 min ago | 10.94 bp | 34.9 bp −$35 | 189.2 bp −$1,892 | 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.
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009211 | −0.203% | $13K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009233 | +0.033% | $3.4M | $6.8M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009200 | −0.325% | $135K | $207K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009228 | −0.022% | $1.5M | $585K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009210 | −0.217% | $461K | $86K | 50x | as long as short |
| Bitget BBUSDTlong | +0.0100% | 4h | 0.009230 | long leg | $332K | $464K | 50x | |
| BingX BB-USDT | +0.0182% | 4h | 0.009222 | −0.087% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSDshort | +0.0703% | 1h | 0.009202 | −0.304% | $22K | $2K | 10x | |
| Bybit BBUSDT | +0.1015% | 4h | 0.009249 | +0.206% | $715K | $775K | 25x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
BingX BB-USDT
Bybit BBUSDT