Funding you earn now, next payment 00:00 UTC−0.0339%/8h= −37.1% APRpaid last 24h −0.166%
Price spread now: Bitget against Kraken Futures−0.221%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 −$10 a day on $10k at the current rate, and Bitget is 0.221% cheaper against Kraken Futures than usual: you would sell low and buy high (−$22 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_IDUSD | 0.03761 | 0.0439 | pay 0.0055% / 1h | 7m 51s | $4K | $2K | 10x |
| Short | Bitget IDUSDT | 0.03753 | 0.0100 | get 0.0050% / 4h | 7m 51s | $792K | $591K | 50x |
Kraken Futures PF_IDUSD
Bitget IDUSDTFunding 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
- −$71.22
- Price spread: −0.221% → 0.000%
- −$22.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.31
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 3 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, 3 min ago | 3.99 bp | 27.6 bp −$28 | 146.3 bp −$1,463 | 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.
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03755 | −0.157% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03758 | −0.088% | $2.5M | $3.5M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03758 | −0.088% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03758 | −0.088% | $249K | $241K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03758 | −0.088% | $420K | $160K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03759 | −0.061% | $1.1M | $64K | 30x | as long as short |
| Bitget IDUSDTshort | +0.0100% | 4h | 0.03753 | −0.221% | $792K | $591K | 50x | |
| BingX ID-USDT | +0.0100% | 4h | 0.03756 | −0.141% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03750 | −0.302% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0155% | 4h | 0.03756 | −0.141% | $161K | $12K | 50x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
BingX ID-USDT
Variational Omni ID
BloFin ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | +0.0439% | 1h | 0.03761 | long leg | $4K | $2K | 10x |