Funding you earn now, next payment 01:00 UTC+0.1169%/8h= +128.0% APRpaid last 24h +0.059%
Price spread now: Kraken Futures against Bitget+0.024%58s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1931.932% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.024%, 7d avg +0.063%
=Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against Bitget than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.063%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$35 a day). Mind the row above: over the last 7 days funding on this pair cost −0.339%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.339% in total (about -17.7% 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 | Bitget JASMYUSDT | 0.004404 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $1.7M | $578K | 50x |
| Short | Kraken Futures PF_JASMYUSD | 0.004405 | 0.1269 | get 0.0159% / 1h | 51m 28s | $251K | $227K | 20x |
Bitget JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $245.41
- Price spread: +0.024% → +0.063%
- −$3.92
- Slippage, 4 orders
- −$171.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $48.28
- Costs to cover
- 1.932%
- Break-even
- 5.6 days
Slippage from Bitget: live order book, just now; Kraken Futures: live order book, 21 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, just now | 4.54 bp | 25.9 bp −$26 | 81.2 bp −$812 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 21 min ago | 20.55 bp | 60.4 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
JASMY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | −0.0616% | 1h | 0.004401 | −0.068% | $17K | $17K | 25x | as long as short |
| KuCoin JASMYUSDTM | −0.0035% | 8h | 0.004405 | +0.023% | $3.4M | $2.5M | 50x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004405 | +0.032% | $7K | $18K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004409 | +0.114% | $3.4M | $5.3M | 75x | as long as short |
| Bybit JASMYUSDT | +0.0100% | 8h | 0.004403 | −0.023% | $3.9M | $2.3M | 75x | as long as short |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004402 | −0.045% | $420K | $204K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004408 | +0.091% | $10.0M | $2.8M | 200x | as long as short |
| Bitget JASMYUSDTlong | +0.0100% | 8h | 0.004404 | long leg | $1.7M | $578K | 50x | |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004410 | +0.136% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004405 | +0.030% | $125K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
KuCoin JASMYUSDTM
Aster JASMYUSDT
Binance JASMYUSDT
Bybit JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004403 | −0.023% | $2K | $199K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004397 | −0.159% | $225K | $208K | 75x | as long as short |
| Deribit JASMY_USDC-PERPETUAL | +0.0885% | 1h | 0.004412 | +0.182% | — | — | 10x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1269% | 1h | 0.004405 | +0.024% | $251K | $227K | 20x |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL