Funding you earn now, next payment 04:00 UTC−0.1525%/8h= −167.0% APRpaid last 24h −0.148%
Price spread now: Bitget against Kraken Futures−0.225%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 −$46 a day on $10k at the current rate, and Bitget is 0.225% cheaper against Kraken Futures than usual: you would sell low and buy high (−$23 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_KAIAUSD | 0.03240 | 0.1625 | pay 0.0203% / 1h | 26m 12s | $46K | $39K | 10x |
| Short | Bitget KAIAUSDT | 0.03233 | 0.0100 | get 0.0050% / 4h | 26m 12s | $458K | $405K | 75x |
Kraken Futures PF_KAIAUSD
Bitget KAIAUSDTFunding 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
- −$320.31
- Price spread: −0.225% → 0.000%
- −$22.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$364.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 25 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, 25 min ago | 4.68 bp | 21.3 bp −$21 | 107.2 bp −$1,072 | 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.
KAIA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAIAUSDT | +0.0100% | 4h | 0.03232 | −0.245% | $2.4M | $4.0M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03230 | −0.318% | $1.9M | $1.3M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03235 | −0.164% | $81K | $74K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03233 | −0.225% | $530K | $146K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03235 | −0.164% | $329K | $70K | 30x | as long as short |
| Bitget KAIAUSDTshort | +0.0100% | 4h | 0.03233 | −0.225% | $458K | $405K | 75x | |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03236 | −0.133% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03228 | −0.382% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03228 | −0.373% | $394K | $522K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03233 | −0.235% | $2K | $100K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDT | +0.0140% | 4h | 0.03230 | −0.318% | $154K | $21K | 75x | as long as short |
| Kraken Futures PF_KAIAUSDlong | +0.1625% | 1h | 0.03240 | long leg | $46K | $39K | 10x |
BloFin KAIA-USDT