Funding you earn now, next payment 09:00 UTC−0.1518%/8h= −166.2% APRpaid last 24h −0.321%
Price spread now: Kraken Futures against Bitget−0.162%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 −$46 a day on $10k at the current rate, and Kraken Futures is 0.162% cheaper against Bitget than usual: you would sell low and buy high (−$16 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 GMTUSDT | 0.008470 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $735K | $688K | 50x |
| Short | Kraken Futures PF_GMTUSD | 0.008456 | −0.1418 | pay 0.0177% / 1h | 26m 43s | $43K | $13K | 20x |
Bitget GMTUSDT
Kraken Futures PF_GMTUSDFunding 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
- −$318.72
- Price spread: −0.162% → 0.000%
- −$16.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$356.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 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, 4 min ago | 7.10 bp | 28.6 bp −$29 | 379.4 bp −$3,794 | 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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDshort | −0.1418% | 1h | 0.008456 | −0.162% | $43K | $13K | 20x | |
| Variational Omni GMT | −0.0156% | 8h | 0.008446 | −0.282% | $4K | $6K | — | as long as short |
| Bybit GMTUSDT | −0.0151% | 8h | 0.008460 | −0.118% | $1.1M | $2.1M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0078% | 4h | 0.008450 | −0.236% | $240K | $203K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0093% | 4h | 0.008455 | −0.177% | $386K | $1.2M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008462 | −0.094% | $119K | $154K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008467 | −0.039% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008468 | −0.029% | $2.8M | $5.5M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008470 | 0.000% | $139K | $177K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008470 | 0.000% | $435K | $216K | 20x | as long as short |
Variational Omni GMT
Bybit GMTUSDT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008470 | long leg | $735K | $688K | 50x | |
| BingX GMT-USDT | +0.0100% | 4h | 0.008461 | −0.106% | — | $1.3M | — | as long as short |
BingX GMT-USDT