Funding you earn now, next payment 12:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.064%
Price spread now: Bitget against Kraken Futures−0.055%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.055% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Kraken Futures PF_CKBUSD | 0.001269 | 0.0124 | pay 0.0016% / 1h | 52m 30s | $6K | $32 | 10x |
| Short | Bitget CKBUSDT | 0.001268 | 0.0100 | get 0.0100% / 8h | 4h 52m | $321K | $129K | 50x |
Kraken Futures PF_CKBUSD
Bitget CKBUSDTFunding 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
- −$5.1
- Price spread: −0.055% → 0.000%
- −$5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$32.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 46 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, 46 min ago | 3.92 bp | 37.0 bp −$37 | 110.8 bp −$1,108 | 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.
CKB on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CKBUSDT | +0.0100% | 8h | 0.001267 | −0.094% | $1.4M | $1.2M | 50x | as long as short |
| Bybit CKBUSDT | +0.0100% | 8h | 0.001269 | −0.015% | $286K | $254K | 25x | as long as short |
| Gate CKB_USDT | +0.0100% | 8h | 0.001269 | +0.024% | $135K | $38K | 25x | as long as short |
| MEXC CKB_USDT | +0.0100% | 8h | 0.001267 | −0.133% | $480K | $183K | 125x | as long as short |
| KuCoin CKBUSDTM | +0.0100% | 8h | 0.001269 | +0.024% | $245K | $34K | 20x | as long as short |
| Bitget CKBUSDTshort | +0.0100% | 8h | 0.001268 | −0.055% | $321K | $129K | 50x | |
| BingX CKB-USDT | +0.0100% | 8h | 0.001267 | −0.102% | — | $1.3M | — | as long as short |
| Variational Omni CKB | +0.0100% | 8h | 0.001270 | +0.104% | $3K | $260 | — | as long as short |
| Kraken Futures PF_CKBUSDlong | +0.0124% | 1h | 0.001269 | long leg | $6K | $32 | 10x |
Binance CKBUSDT
Bybit CKBUSDT
Gate CKB_USDT
MEXC CKB_USDT
KuCoin CKBUSDTM
BingX CKB-USDT
Variational Omni CKB