Funding you earn now, next payment 01:00 UTC+0.1448%/8h= +158.5% APRpaid last 24h +0.307%
Price spread now: Bitget against Kraken Futures−0.050%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
Funding pays, the price is against you. Bitget is 0.050% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$43 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008584 | −0.1348 | get 0.0168% / 1h | 16m 45s | $45K | $12K | 20x |
| Short | Bitget GMTUSDT | 0.008580 | 0.0100 | get 0.0050% / 4h | 3h 16m | $701K | $415K | 50x |
Kraken Futures PF_GMTUSD
Bitget GMTUSDTFunding 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
- $303.99
- Price spread: −0.050% → 0.000%
- −$4.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $277.04
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 54 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, 54 min ago | 6.60 bp | 22.4 bp −$22 | 185.7 bp −$1,857 | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | −0.1348% | 1h | 0.008584 | long leg | $45K | $12K | 20x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008585 | +0.009% | $129K | $120K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008577 | −0.082% | $7K | $15K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008582 | −0.026% | $2.8M | $3.3M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008573 | −0.131% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008568 | −0.189% | $357K | $630K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008560 | −0.283% | $149K | $112K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008581 | −0.038% | $420K | $188K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008560 | −0.283% | $251K | $101K | 50x | as long as short |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008580 | −0.050% | $701K | $415K | 50x |
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
KuCoin GMTUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008576 | −0.096% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008558 | −0.305% | $4K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT