Funding you earn now, next payment 07:00 UTC+0.0804%/8h= +88.0% APRpaid last 24h +0.164%
Price spread now: Bitget against Kraken Futures+0.109%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bitget is 0.109% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6040 | −0.0704 | get 0.0088% / 1h | 35m 39s | $37K | $1K | 20x |
| Short | Bitget KSMUSDT | 4.6090 | 0.0100 | get 0.0100% / 8h | 1h 35m | $481K | $198K | 50x |
Kraken Futures PF_KSMUSD
Bitget KSMUSDTFunding 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
- $168.86
- Price spread: +0.109% → 0.000%
- $10.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $157.8
- Costs to cover
- 0.220%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 4 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, 4 min ago | 7.61 bp | 29.7 bp −$30 | 92.9 bp −$929 | 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.
KSM 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_KSMUSDlong | −0.0704% | 1h | 4.6040 | long leg | $37K | $1K | 20x | |
| Variational Omni KSM | −0.0360% | 8h | 4.5907 | −0.288% | $453K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0195% | 4h | 4.5950 | −0.195% | $761K | $648K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6000 | −0.086% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5960 | −0.173% | $2.2M | $724K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6070 | +0.066% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5980 | −0.129% | $727K | $240K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6070 | +0.066% | $509K | $32K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6090 | +0.109% | $481K | $198K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6000 | −0.086% | — | $2.4M | — | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.5979 | −0.132% | $77K | $410K | 5x | as long as short |
| BloFin KSM-USDT | +0.0110% | 8h | 4.6020 | −0.043% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT