Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h −0.442%
Price spread now: Bitget against Kraken Futures−0.102%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.102%, 7d avg −0.159%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.057% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.159%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LPTUSD | 1.7027 | −0.0024 | get 0.0003% / 1h | 51m 48s | $45K | $99K | 25x |
| Short | Bitget LPTUSDT | 1.7010 | 0.0100 | get 0.0050% / 4h | 51m 48s | $1.3M | $715K | 50x |
Kraken Futures PF_LPTUSD
Bitget LPTUSDTFunding 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
- $26.14
- Price spread: −0.102% → −0.159%
- $5.67
- Slippage, 4 orders
- −$101.86
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.06
- Costs to cover
- 1.239%
- Break-even
- 31.7 days
Slippage from Kraken Futures: live order book, 70 min ago; Bitget: live order book, 5 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 Kraken Futures live order book, 70 min ago | 17.43 bp | 29.9 bp −$30 | 217.8 bp −$2,178 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.93 bp | 33.6 bp −$34 | 99.8 bp −$998 | doesn't fit | doesn't fit |
LPT 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_LPTUSDlong | −0.0024% | 1h | 1.7027 | long leg | $45K | $99K | 25x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7042 | +0.086% | $2K | $18K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7024 | −0.022% | $3.5M | $10.4M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7048 | +0.121% | $1.8M | $1.9M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7010 | −0.102% | $1.4M | $3.0M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7040 | +0.074% | $233K | $857K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7030 | +0.015% | $1.9M | $911K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7020 | −0.044% | $309K | $162K | 50x | as long as short |
| Bitget LPTUSDTshort | +0.0100% | 4h | 1.7010 | −0.102% | $1.3M | $715K | 50x | |
| BingX LPT-USDT | +0.0100% | 4h | 1.7060 | +0.191% | — | $2.5M | — | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
BingX LPT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.7063 | +0.210% | $6K | $3K | — | as long as short |
| BloFin LPT-USDT | +0.0136% | 4h | 1.7010 | −0.102% | $199K | $28K | 50x | as long as short |
Variational Omni LPT
BloFin LPT-USDT