Settings8H · net · $10k
Funding arb · Price arb /

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.019%
Price spread now: Bitget against Kraken Futures+0.935%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$3113.110% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.323%+$132 on $10k
Price spread, last 4 days (all we have)−0.650%−$65 · spread now +0.935%, 7d avg +0.130%
Together, before fees+0.673%+$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.805% dearer against Kraken Futures than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of +0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MUBARAKUSD0.046950.0232pay 0.0029% / 1h58m 45s$58K$450K10x
ShortBitget MUBARAKUSDT0.047390.0462get 0.0231% / 4h3h 58m$3.1M$7.8M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$48.38
Price spread: +0.935% → +0.130%
$80.47
Slippage, 4 orders
−$288.99
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$182.15
Costs to cover
3.110%
Break-even
33.4 days
Slippage from Kraken Futures: live order book, 59 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 59 min ago47.95 bp206.8 bp −$207doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.38 bp20.8 bp −$2177.1 bp −$771doesn't fitdoesn't fit

MUBARAK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MUBARAK-USDT-SWAP+0.0100%4h0.04733+0.801%$2.9M$61.0M20xas long as short
Variational Omni MUBARAK+0.0100%4h0.04693−0.042%$12K$56Kas long as short
MEXC MUBARAK_USDT+0.0160%4h0.04728+0.701%$964K$1.5M50xas long as short
Binance MUBARAKUSDT+0.0161%4h0.04737+0.885%$18.0M$96.8M25xas long as short
Bybit MUBARAKUSDT+0.0175%4h0.04749+1.144%$3.6M$11.8M25xas long as short
Kraken Futures PF_MUBARAKUSDlong+0.0232%1h0.04695long leg$58K$450K10x
BingX MUBARAK-USDT+0.0408%4h0.04735+0.850%$3.2Mas long as short
KuCoin MUBARAKUSDTM+0.0422%4h0.04706+0.232%$1.7M$1.2M30xas long as short
Aster MUBARAKUSDT+0.0449%4h0.04732+0.791%$13K$477K5xas long as short
Bitget MUBARAKUSDTshort+0.0462%4h0.04739+0.935%$3.1M$7.8M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MUBARAK_USDT+0.1302%4h0.04740+0.956%$7.5M$5.4M50xas long as short