Funding you earn now, next payment 07:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.072%
Price spread now: Kraken Futures against Bitget−0.459%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.256%+$126 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 −$4 a day on $10k at the current rate, and Kraken Futures is 0.459% cheaper against Bitget than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.256%, so the current rate has only just turned against you. 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 | Bitget ARCUSDT | 0.07809 | 0.0736 | pay 0.0368% / 4h | 1h 55m | $1.7M | $483K | 10x |
| Short | Kraken Futures PF_ARCUSD | 0.07773 | 0.0607 | get 0.0076% / 1h | 55m 31s | $53K | $84K | 20x |
Bitget ARCUSDT
Kraken Futures PF_ARCUSDFunding 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
- −$27.02
- Price spread: −0.459% → 0.000%
- −$45.94
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$94.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 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, 1 min ago | 7.04 bp | 37.4 bp −$37 | 342.3 bp −$3,423 | 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.
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07797 | −0.159% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07807 | −0.026% | $3.0M | $204K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07834 | +0.318% | $1.3M | $1.6M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07788 | −0.269% | $1K | $1.4M | 20x | as long as short |
| Bybit ARCUSDT | +0.0162% | 4h | 0.07797 | −0.154% | $2.8M | $4.5M | 13x | as long as short |
| Aster ARCUSDT | +0.0451% | 4h | 0.07794 | −0.187% | $19K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0530% | 4h | 0.07800 | −0.115% | $24.2M | $6.4M | 20x | as long as short |
| Extended ARC-USD | +0.0544% | 1h | 0.07800 | −0.112% | $31K | $199K | 5x | as long as short |
| BloFin ARC-USDT | +0.0567% | 4h | 0.07801 | −0.102% | $1.2M | $37K | 20x | as long as short |
| Kraken Futures PF_ARCUSDshort | +0.0607% | 1h | 0.07773 | −0.459% | $53K | $84K | 20x |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Bybit ARCUSDT
Aster ARCUSDT
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARCUSDTlong | +0.0736% | 4h | 0.07809 | long leg | $1.7M | $483K | 10x | |
| BingX ARC-USDT | +0.0742% | 4h | 0.07800 | −0.115% | — | $1.7M | — | as long as short |
BingX ARC-USDT