Funding arb · Price arb /

BIGTIME

all BIGTIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+4.0475%/8h= +4432.0% APRpaid last 24h −0.924%

Price spread now: Kraken Futures against Bitget−0.299%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

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 0.299% cheaper against Bitget than usual: you would sell low and buy high (spread −0.299% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about under an hour of funding at the current rate (+$1,214 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BIGTIMEUSDT	0.008150	0.0100	pay 0.0050% / 4h	23m 40s	$550K	$198K	50x
Short	Kraken Futures PF_BIGTIMEUSD	0.008126	4.0575	get 0.5072% / 1h	23m 40s	$8K	$8K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Kraken FuturesbpOrdersPrice spread, now −0.299%Rate

Funding earned: $8,499.7
Price spread: −0.299% → 0.000%: −$29.89
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8,447.81
Costs to cover: 0.220%
Break-even: 0.0 days

Slippage unknown: Bitget: live order book, 11 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, 11 min ago	4.89 bp	40.5 bp −$40	153.2 bp −$1,532	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.

BIGTIME on 12 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 BIGTIME	+0.0100%	1h	0.008142	−0.098%	$128K	$87K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008141	−0.110%	$1.8M	$2.3M	50x	as long as short
Bybit BIGTIMEUSDT	+0.0100%	4h	0.008140	−0.123%	$665K	$701K	25x	as long as short
OKX BIGTIME-USDT-SWAP	+0.0100%	4h	0.008132	−0.221%	$429K	$338K	10x	as long as short
Gate BIGTIME_USDT	+0.0100%	4h	0.008141	−0.110%	$60K	$30K	50x	as long as short
MEXC BIGTIME_USDT	+0.0100%	4h	0.008140	−0.123%	$442K	$176K	125x	as long as short
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008158	+0.098%	$229K	$27K	20x	as long as short
Bitget BIGTIMEUSDTlong	+0.0100%	4h	0.008150	long leg	$550K	$198K	50x
BingX BIGTIME-USDT	+0.0100%	4h	0.008143	−0.086%	—	$2.3M	—	as long as short
Variational Omni BIGTIME	+0.0100%	4h	0.008163	+0.166%	$10K	$555	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BIGTIME-USDT	+0.0137%	4h	0.008167	+0.209%	$91K	$5K	50x	as long as short
Kraken Futures PF_BIGTIMEUSDshort	+4.0575%	1h	0.008126	−0.299%	$8K	$8K	10x