Funding you earn now, next payment 09:00 UTC+0.4160%/8h= +455.6% APRnext payment +$5.20 per $10,000 · paid last 24h +0.091%
Price spread now: Bitget against Kraken Futures+0.565%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs+$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1521.517% of the position
Funding, last 7 days+3.042%+$304 on $10k
+Price spread, last 4 days (all we have)+0.963%+$96 · spread now +0.565%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$125 a day on $10k at the current rate, and Bitget is 0.603% dearer against Kraken Futures than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LSKUSD | 0.3411 | −0.5208 | get 0.0651% / 1h | 29m 46s | $103K | $356K | 10x |
| Short | Bitget LSKUSDT | 0.3430 | −0.1048 | pay 0.0131% / 1h | 29m 46s | $2.7M | $9.9M | 50x |
Funding 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
- $873.67
- Price spread: +0.565% → −0.039%
- $60.35
- Slippage, 4 orders
- −$129.67
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $782.35
- Costs to cover
- 1.517%
- Break-even
- 0.7 days
Slippage from Kraken Futures: live order book, 3 min ago; Bitget: live order book, 4 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 Kraken Futures live order book, 3 min ago | 46.30 bp | 54.7 bp −$55 | 239.4 bp −$2,394 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.90 bp | 23.2 bp −$23 | 121.6 bp −$1,216 | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LSK_USDT | −0.6168% | 1h | 0.3439 | +0.829% | $1.4M | $2.7M | 20x | as long as short |
| Binance LSKUSDT | −0.5782% | 1h | 0.3436 | +0.727% | $15.2M | $100.7M | 50x | as long as short |
| MEXC LSK_USDT | −0.5776% | 1h | 0.3434 | +0.694% | $9.0M | $2.3M | 20x | as long as short |
| BingX LSK-USDT | −0.5368% | 1h | 0.3439 | +0.843% | — | $2.9M | — | as long as short |
| Kraken Futures PF_LSKUSDlong | −0.5208% | 1h | 0.3411 | long leg | $103K | $356K | 10x | |
| Aster LSKUSDT | −0.4812% | 1h | 0.3446 | +1.022% | $50K | $185K | 5x | as long as short |
| HTX LSK-USDT | −0.3664% | 1h | 0.3447 | +1.072% | $39K | $320K | 20x | as long as short |
| Bitget LSKUSDTshort | −0.1048% | 1h | 0.3430 | +0.565% | $2.7M | $9.9M | 50x | |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3445 | +1.008% | $9.0M | $21.4M | 25x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3458 | +1.393% | $31K | $192K | — | as long as short |
Kraken Futures PF_LSKUSD
Bitget LSKUSDT
Gate LSK_USDT
Binance LSKUSDT
MEXC LSK_USDT
BingX LSK-USDT
Aster LSKUSDT
HTX LSK-USDT
Bybit LSKUSDT
Variational Omni LSK