Funding you earn now, next payment 22:00 UTC+0.0738%/8h= +80.8% APRpaid last 24h −0.190%
Price spread now: Bitget against Kraken Futures−0.030%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
Funding pays, the price is against you. Bitget is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_STEEMUSD | 0.05710 | −0.0638 | get 0.0080% / 1h | 46m 10s | $9K | $2K | 10x |
| Short | Bitget STEEMUSDT | 0.05708 | 0.0100 | get 0.0050% / 4h | 2h 46m | $440K | $222K | 25x |
Kraken Futures PF_STEEMUSD
Bitget STEEMUSDTFunding 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
- $155.05
- Price spread: −0.030% → 0.000%
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $130.05
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 38 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, 38 min ago | 2.62 bp | 29.7 bp −$30 | 124.8 bp −$1,248 | 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.
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_STEEMUSDlong | −0.0638% | 1h | 0.05710 | long leg | $9K | $2K | 10x | |
| HTX STEEM-USDT | −0.0231% | 4h | 0.05701 | −0.153% | $40K | $32K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05700 | −0.170% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05712 | +0.045% | $16K | $9K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05706 | −0.066% | $2.1M | $3.3M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05706 | −0.065% | $383K | $107K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05708 | −0.030% | $413K | $86K | 30x | as long as short |
| Bitget STEEMUSDTshort | +0.0100% | 4h | 0.05708 | −0.030% | $440K | $222K | 25x | |
| Gate STEEM_USDT | +0.1300% | 4h | 0.05714 | +0.075% | $287K | $117K | 20x | as long as short |
| Variational Omni STEEM | +0.3447% | 4h | 0.05682 | −0.494% | $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 | −0.468% | $1.3M | $961K | 13x | as long as short |
Bybit STEEMUSDT