Funding you earn now, next payment 06:00 UTC−0.1517%/8h= −166.2% APRpaid last 24h +0.094%
Price spread now: Kraken Futures against Bitget−0.334%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$2622.616% of the position
Funding, last 7 days−0.269%−$27 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.334%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Kraken Futures is 0.405% cheaper against Bitget than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.269% in total (about -14.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget JASMYUSDT | 0.004357 | 0.0100 | pay 0.0100% / 8h | 2h 55m | $1.7M | $537K | 50x |
| Short | Kraken Futures PF_JASMYUSD | 0.004342 | −0.1417 | pay 0.0177% / 1h | 55m 53s | $249K | $240K | 20x |
Bitget JASMYUSDT
Kraken Futures PF_JASMYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$318.67
- Price spread: −0.334% → +0.070%
- −$40.47
- Slippage, 4 orders
- −$239.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$620.73
- Costs to cover
- 2.616%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 57 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 Bitget live order book, 1 min ago | 3.46 bp | 24.4 bp −$24 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 68.26 bp | 79.8 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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_JASMYUSDshort | −0.1417% | 1h | 0.004342 | −0.334% | $249K | $240K | 20x | |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004358 | +0.015% | $7K | $18K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004360 | +0.079% | $3.4M | $5.3M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004356 | −0.023% | $3.8M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004355 | −0.046% | $471K | $291K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004359 | +0.046% | $9.8M | $2.6M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004361 | +0.092% | $3.3M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDTlong | +0.0100% | 8h | 0.004357 | long leg | $1.7M | $537K | 50x | |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004358 | +0.023% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004334 | −0.522% | $123K | $33K | — | as long as short |
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004357 | +0.002% | $2K | $267K | 10x | as long as short |
| Coinbase International JASMY-PERP-INTX | +0.0104% | 1h | 0.004387 | +0.689% | $16K | $16K | 25x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004335 | −0.505% | $220K | $226K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.1131% | 1h | 0.004350 | −0.161% | — | — | 10x | as long as short |
Extended JASMY-USD
Coinbase International JASMY-PERP-INTX
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL