Funding you earn now, next payment 05:00 UTC+0.0559%/8h= +61.2% APRpaid last 24h +0.110%
Price spread now: Kraken Futures against Bitget+0.082%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1521.525% of the position
Funding, last 7 days+0.450%+$45 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now +0.082%, 7d avg +0.154%
=Funding pays, the price is against you. Kraken Futures is 0.071% cheaper against Bitget than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.154%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.450% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DYDXUSDT | 0.1365 | 0.0100 | pay 0.0100% / 8h | 3h 22m | $1.4M | $1.0M | 10x |
| Short | Kraken Futures PF_DYDXUSD | 0.1366 | 0.0659 | get 0.0082% / 1h | 22m 58s | $310K | $348K | 20x |
Bitget DYDXUSDT
Kraken Futures PF_DYDXUSDFunding 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
- $117.33
- Price spread: +0.082% → +0.154%
- −$7.11
- Slippage, 4 orders
- −$130.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$42.26
- Costs to cover
- 1.525%
- Break-even
- 9.5 days
Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 30 min ago.
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, 4 min ago | 7.29 bp | 27.3 bp −$27 | 82.4 bp −$824 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 30 min ago | 15.16 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DYDX-USDT | +0.0090% | 8h | 0.1368 | +0.220% | $299K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1367 | +0.117% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1368 | +0.242% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1367 | +0.115% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1365 | 0.000% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1362 | −0.212% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1364 | −0.103% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1364 | −0.044% | $386K | $456K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1366 | +0.073% | $2.9M | $810K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1365 | 0.000% | $2.3M | $3.7M | 50x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDTlong | +0.0100% | 8h | 0.1365 | long leg | $1.4M | $1.0M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1365 | 0.000% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1365 | −0.018% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1365 | +0.001% | $50K | — | 3x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1370 | +0.366% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1368 | +0.230% | $928 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1371 | +0.440% | $53K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0481% | 1h | 0.1369 | +0.293% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSDshort | +0.0659% | 1h | 0.1366 | +0.082% | $310K | $348K | 20x | |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1371 | +0.440% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2995% | 1h | 0.1369 | +0.289% | $78K | $2K | 5x | as long as short |
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD