Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.363%
Price spread now: Bitget against Kraken Futures−0.088%48s7-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 −$2 a day on $10k at the current rate, and Bitget is 0.088% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAVAUSD | 0.07095 | 0.0162 | pay 0.0020% / 1h | 5m 28s | $42K | $32K | 10x |
| Short | Bitget KAVAUSDT | 0.07089 | 0.0100 | get 0.0050% / 4h | 5m 28s | $767K | $361K | 25x |
Kraken Futures PF_KAVAUSD
Bitget KAVAUSDTFunding 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
- −$13.1
- Price spread: −0.088% → 0.000%
- −$8.83
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.93
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 5 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, 5 min ago | 4.94 bp | 32.9 bp −$33 | 105.9 bp −$1,059 | 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.
KAVA on 9 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 KAVAUSDT | +0.0100% | 4h | 0.07089 | −0.088% | $7.7M | $8.4M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07091 | −0.060% | $1.3M | $772K | 25x | as long as short |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07092 | −0.046% | $492K | $103K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07085 | −0.145% | $402K | $154K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07078 | −0.243% | $369K | $57K | 12x | as long as short |
| Bitget KAVAUSDTshort | +0.0100% | 4h | 0.07089 | −0.088% | $767K | $361K | 25x | |
| Variational Omni KAVA | +0.0100% | 8h | 0.07086 | −0.137% | $650 | $1K | — | as long as short |
| Kraken Futures PF_KAVAUSDlong | +0.0162% | 1h | 0.07095 | long leg | $42K | $32K | 10x | |
| BingX KAVA-USDT | +0.0200% | 4h | 0.07091 | −0.060% | — | $2.3M | — | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Variational Omni KAVA
BingX KAVA-USDT