Funding you earn now, next payment 04:00 UTC−0.2984%/8h= −326.7% APRpaid last 24h −0.989%
Price spread now: Bitget against Kraken Futures−1.104%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.707%−$171 on $10k
+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 −$90 a day on $10k at the current rate, and Bitget is 1.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$110 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.707% in total (about -89.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUPERUSD | 0.1536 | 0.3084 | pay 0.0385% / 1h | 4m 00s | $51K | $8K | 10x |
| Short | Bitget SUPERUSDT | 0.1519 | 0.0100 | get 0.0050% / 4h | 4m 00s | $543K | $262K | 25x |
Kraken Futures PF_SUPERUSD
Bitget SUPERUSDTFunding 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
- −$626.57
- Price spread: −1.104% → 0.000%
- −$110.43
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$759.01
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 51 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, 51 min ago | 9.96 bp | 58.7 bp −$59 | 185.2 bp −$1,852 | 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.
SUPER 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1521 | −0.955% | $522K | $326K | 3x | as long as short |
| Binance SUPERUSDT | +0.0100% | 4h | 0.1519 | −1.130% | $2.3M | $5.4M | 50x | as long as short |
| Bybit SUPERUSDT | +0.0100% | 4h | 0.1518 | −1.176% | $1.1M | $1.5M | 25x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1517 | −1.235% | $131K | $91K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1519 | −1.098% | $1.6M | $609K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1519 | −1.130% | $622K | $214K | 50x | as long as short |
| Bitget SUPERUSDTshort | +0.0100% | 4h | 0.1519 | −1.104% | $543K | $262K | 25x | |
| BingX SUPER-USDT | +0.0100% | 4h | 0.1516 | −1.300% | — | $2.4M | — | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1517 | −1.219% | $81K | $2K | — | as long as short |
| BloFin SUPER-USDT | +0.0340% | 4h | 0.1518 | −1.195% | $151K | $172K | 75x | as long as short |
Hyperliquid SUPER
Binance SUPERUSDT
Bybit SUPERUSDT
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
BingX SUPER-USDT
Variational Omni SUPER
BloFin SUPER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSDlong | +0.3084% | 1h | 0.1536 | long leg | $51K | $8K | 10x |