Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.070%
Price spread now: Bitget against Kraken Futures−0.022%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 3 days (all we have)−0.337%−$34 · spread now −0.022%, 7d avg −0.156%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.135% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.156%. Mind the row above: over the last 7 days funding on this pair cost −0.409%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DYDXUSD | 0.1388 | 0.0079 | pay 0.0010% / 1h | 56m 16s | $317K | $328K | 20x |
| Short | Bitget DYDXUSDT | 0.1388 | 0.0100 | get 0.0100% / 8h | 56m 16s | $1.4M | $1.1M | 10x |
Kraken Futures PF_DYDXUSD
Bitget DYDXUSDTFunding 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
- $4.49
- Price spread: −0.022% → −0.156%
- $13.49
- Slippage, 4 orders
- −$105.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.2
- Costs to cover
- 1.272%
- Break-even
- 177.4 days
Slippage from Kraken Futures: live order book, 21 min ago; Bitget: live order book, 5 min ago.
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 live order book, 21 min ago | 1.09 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.61 bp | 21.5 bp −$22 | 75.3 bp −$753 | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0067% | 1h | 0.1388 | −0.022% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | −0.094% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDlong | +0.0079% | 1h | 0.1388 | long leg | $317K | $328K | 20x | |
| Lighter DYDX | +0.0096% | 1h | 0.1388 | −0.007% | $62K | $47K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0099% | 8h | 0.1387 | −0.094% | $298K | $14K | 75x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1390 | +0.115% | $2.1M | $738K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.144% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1388 | −0.024% | $5.2M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1387 | −0.122% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1389 | +0.065% | $2.2M | $3.4M | 20x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
BloFin DYDX-USDT
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1390 | +0.123% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1388 | −0.050% | $386K | $465K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1387 | −0.094% | $3.4M | $859K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1389 | +0.050% | $2.3M | $4.0M | 50x | as long as short |
| Bitget DYDXUSDTshort | +0.0100% | 8h | 0.1388 | −0.022% | $1.4M | $1.1M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1388 | −0.022% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1388 | −0.055% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | +0.101% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1388 | −0.056% | $941 | — | 100x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | −0.310% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2810% | 1h | 0.1387 | −0.082% | $79K | $2K | 5x | as long as short |
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD