Funding you earn now, next payment 23:00 UTC−0.0258%/8h= −28.3% APRpaid last 24h +0.423%
Price spread now: Bitget against Kraken Futures+0.025%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
The price spread pays, funding is against you. Bitget is 0.025% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_OGNUSD | 0.01979 | 0.0358 | pay 0.0045% / 1h | 11m 07s | $38K | $4K | 10x |
| Short | Bitget OGNUSDT | 0.01980 | 0.0100 | get 0.0050% / 4h | 1h 11m | $545K | $106K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$54.25
- Price spread: +0.025% → 0.000%
- $2.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.72
- Costs to cover
- 0.220%
- Break-even
- never at this rate
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 | 5.05 bp | 43.2 bp −$43 | 292.8 bp −$2,928 | 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.
OGN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OGNUSDT | +0.0100% | 4h | 0.01979 | −0.014% | $6K | $586 | 5x | as long as short |
| Binance OGNUSDT | +0.0100% | 4h | 0.01980 | +0.001% | $1.2M | $961K | 25x | as long as short |
| Bybit OGNUSDT | +0.0100% | 8h | 0.01979 | −0.005% | $462K | $78K | 25x | as long as short |
| Gate OGN_USDT | +0.0100% | 4h | 0.01980 | +0.025% | $26K | $5K | 20x | as long as short |
| MEXC OGN_USDT | +0.0100% | 4h | 0.01980 | +0.025% | $368K | $147K | 50x | as long as short |
| KuCoin OGNUSDTM | +0.0100% | 4h | 0.01979 | −0.025% | $324K | $21K | 25x | as long as short |
| Bitget OGNUSDTshort | +0.0100% | 4h | 0.01980 | +0.025% | $545K | $106K | 25x | |
| Kraken Futures PF_OGNUSDlong | +0.0358% | 1h | 0.01979 | long leg | $38K | $4K | 10x |
Kraken Futures PF_OGNUSD
Bitget OGNUSDT
Aster OGNUSDT
Binance OGNUSDT
Bybit OGNUSDT
Gate OGN_USDT
MEXC OGN_USDT
KuCoin OGNUSDTM