Funding you earn now, next payment 02:00 UTC+0.0769%/8h= +84.2% APRpaid last 24h +0.010%
Price spread now: Bitget against Kraken Futures+0.369%48s7-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 +$23 a day on $10k at the current rate, and Bitget is 0.369% dearer against Kraken Futures than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). 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_PIXELUSD | 0.005408 | −0.0669 | get 0.0084% / 1h | 54m 34s | $5K | $1K | 10x |
| Short | Bitget PIXELUSDT | 0.005428 | 0.0100 | get 0.0050% / 4h | 2h 54m | $581K | $427K | 25x |
Kraken Futures PF_PIXELUSD
Bitget PIXELUSDTFunding 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
- $161.42
- Price spread: +0.369% → 0.000%
- $36.85
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $176.27
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 10 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, 10 min ago | 9.06 bp | 35.8 bp −$36 | 127.5 bp −$1,275 | 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.
PIXEL on 11 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_PIXELUSDlong | −0.0669% | 1h | 0.005408 | long leg | $5K | $1K | 10x | |
| Aster PIXELUSDT | +0.0100% | 4h | 0.005427 | +0.342% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005423 | +0.284% | $1.8M | $1.6M | 25x | as long as short |
| Bybit PIXELUSDT | +0.0100% | 4h | 0.005429 | +0.387% | $522K | $206K | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005427 | +0.350% | $151K | $37K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005422 | +0.258% | $920K | $198K | 20x | as long as short |
| KuCoin PIXELUSDTM | +0.0100% | 4h | 0.005430 | +0.405% | $357K | $76K | 25x | as long as short |
| Bitget PIXELUSDTshort | +0.0100% | 4h | 0.005428 | +0.369% | $581K | $427K | 25x | |
| BingX PIXEL-USDT | +0.0100% | 4h | 0.005431 | +0.424% | — | $1.3M | — | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005438 | +0.547% | $1K | $254 | — | as long as short |
Aster PIXELUSDT
Binance PIXELUSDT
Bybit PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
KuCoin PIXELUSDTM
BingX PIXEL-USDT
Variational Omni PIXELShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIXEL-USDT | +0.0121% | 4h | 0.005424 | +0.295% | $117K | $10K | 50x | as long as short |
BloFin PIXEL-USDT