Funding you earn now, next payment 22:00 UTC−0.0739%/8h= −80.9% APRpaid last 24h +0.190%
Price spread now: Kraken Futures against Bitget−0.051%7-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 −$22 a day on $10k at the current rate, and Kraken Futures is 0.051% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STEEMUSDT | 0.05710 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $440K | $222K | 25x |
| Short | Kraken Futures PF_STEEMUSD | 0.05707 | −0.0639 | pay 0.0080% / 1h | 46m 38s | $9K | $2K | 10x |
Bitget STEEMUSDT
Kraken Futures PF_STEEMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$155.11
- Price spread: −0.051% → 0.000%
- −$5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$182.23
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 37 min ago; Kraken Futures: no order-book sample. 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 Bitget live order book, 37 min ago | 2.62 bp | 24.1 bp −$24 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
STEEM 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_STEEMUSDshort | −0.0639% | 1h | 0.05707 | −0.051% | $9K | $2K | 10x | |
| HTX STEEM-USDT | −0.0235% | 4h | 0.05703 | −0.123% | $40K | $32K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05698 | −0.210% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05710 | +0.002% | $16K | $9K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05708 | −0.044% | $2.1M | $3.3M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05706 | −0.070% | $383K | $107K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05706 | −0.070% | $413K | $86K | 30x | as long as short |
| Bitget STEEMUSDTlong | +0.0100% | 4h | 0.05710 | long leg | $440K | $222K | 25x | |
| Gate STEEM_USDT | +0.1300% | 4h | 0.05714 | +0.070% | $287K | $117K | 20x | as long as short |
| Variational Omni STEEM | +0.3447% | 4h | 0.05682 | −0.499% | $12K | $147 | — | as long as short |
HTX STEEM-USDT
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Gate STEEM_USDT
Variational Omni STEEMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.4004% | 4h | 0.05683 | −0.473% | $1.3M | $961K | 13x | as long as short |
Bybit STEEMUSDT