Funding you earn now, next payment 01:00 UTC−1.2474%/8h= −1365.9% APRpaid last 24h −3.086%
Price spread now: Bitget against Kraken Futures−0.824%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
Both sides work against this trade now: funding costs −$374 a day on $10k at the current rate, and Bitget is 0.824% cheaper against Kraken Futures than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DEEPUSD | 0.02026 | 1.2574 | pay 0.1572% / 1h | 43m 30s | $8K | $7K | 10x |
| Short | Bitget DEEPUSDT | 0.02009 | 0.0100 | get 0.0050% / 4h | 3h 43m | $861K | $609K | 50x |
Kraken Futures PF_DEEPUSD
Bitget DEEPUSDTFunding 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
- −$2,619.51
- Price spread: −0.824% → 0.000%
- −$82.37
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2,723.88
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 27 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, 27 min ago | 9.97 bp | 46.2 bp −$46 | 121.5 bp −$1,215 | 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.
DEEP 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.2888% | 1h | 0.02001 | −1.219% | $82K | $17K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0086% | 8h | 0.01994 | −1.564% | $142K | $33K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.02012 | −0.676% | $2.2M | $6.2M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.02007 | −0.922% | $4.3M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.02003 | −1.120% | $308K | $93K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.02011 | −0.725% | $1.1M | $554K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02010 | −0.774% | $1.8M | $95K | 20x | as long as short |
| Bitget DEEPUSDTshort | +0.0100% | 4h | 0.02009 | −0.824% | $861K | $609K | 50x | |
| BingX DEEP-USDT | +0.0100% | 4h | 0.02008 | −0.873% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01995 | −1.530% | $13K | $9K | — | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.02010 | −0.785% | $3K | $247K | 5x | as long as short |
| Kraken Futures PF_DEEPUSDlong | +1.2574% | 1h | 0.02026 | long leg | $8K | $7K | 10x |
Extended DEEP-USD