Funding you earn now, next payment 07:00 UTC−0.0331%/8h= −36.3% APRpaid last 24h +0.007%
Price spread now: Bitget against Kraken Futures−0.328%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 −$10 a day on $10k at the current rate, and Bitget is 0.328% cheaper against Kraken Futures than usual: you would sell low and buy high (−$33 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_LQTYUSD | 0.2349 | 0.0431 | pay 0.0054% / 1h | 44m 30s | $5K | $9K | 10x |
| Short | Bitget LQTYUSDT | 0.2341 | 0.0100 | get 0.0100% / 8h | 1h 44m | $128K | $120K | 50x |
Kraken Futures PF_LQTYUSD
Bitget LQTYUSDTFunding 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
- −$69.61
- Price spread: −0.328% → 0.000%
- −$32.85
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$124.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 55 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, 55 min ago | 6.45 bp | 26.4 bp −$26 | 233.6 bp −$2,336 | 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.
LQTY on 10 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 LQTYUSDT | +0.0100% | 8h | 0.2343 | −0.246% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDT | +0.0100% | 8h | 0.2343 | −0.243% | $336K | $194K | 20x | as long as short |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2341 | −0.328% | $225K | $422K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2340 | −0.371% | $75K | $46K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2342 | −0.286% | $286K | $149K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2342 | −0.286% | $199K | $44K | 30x | as long as short |
| Bitget LQTYUSDTshort | +0.0100% | 8h | 0.2341 | −0.328% | $128K | $120K | 50x | |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2340 | −0.371% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2339 | −0.431% | $29K | $17K | — | as long as short |
| Kraken Futures PF_LQTYUSDlong | +0.0431% | 1h | 0.2349 | long leg | $5K | $9K | 10x |
Binance LQTYUSDT
Bybit LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
BingX LQTY-USDT
Variational Omni LQTY