Funding you earn now, next payment 20:00 UTC−0.0381%/8hpaid last 24h −0.037%
Price spread now: Kraken Futures against Bitget−0.192%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 −$11 a day on $10k at the current rate, and Kraken Futures is 0.192% cheaper against Bitget than usual: you would sell low and buy high (−$19 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 SOONUSDT | 0.1934 | 0.0360 | pay 0.0180% / 4h | 4m 58s | $9.1M | $206K | 25x |
| Short | Kraken Futures PF_SOONUSD | 0.1930 | −0.0021 | pay 0.0003% / 1h | 4m 58s | $11K | $1K | 10x |
Funding 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
- −$79.95
- Price spread: −0.192% → 0.000%
- −$19.16
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$121.11
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 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, 3 min ago | 2.58 bp | 26.7 bp −$27 | 266.9 bp −$2,669 | 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.
SOON on 11 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_SOONUSDshort | −0.0021% | 1h | 0.1930 | −0.192% | $11K | $1K | 10x | |
| BingX SOON-USDT | +0.0070% | 4h | 0.1935 | +0.052% | — | $6.7M | — | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1935 | +0.052% | $1.9M | $418K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1931 | −0.155% | $3.1M | $90K | 50x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1935 | +0.041% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SOONUSDTlong | +0.0360% | 4h | 0.1934 | long leg | $9.1M | $206K | 25x | |
| Binance SOONUSDT | +0.0503% | 4h | 0.1935 | +0.052% | $7.9M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0504% | 1h | 0.1935 | +0.042% | $7K | $206K | 5x | as long as short |
| Aster SOONUSDT | +0.0833% | 4h | 0.1931 | −0.155% | $188K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.2685% | 4h | 0.1921 | −0.647% | $221K | $4K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3186% | 4h | 0.1919 | −0.781% | $2.5M | $1.1M | 25x | as long as short |
Bitget SOONUSDT
Kraken Futures PF_SOONUSD
BingX SOON-USDT
OKX SOON-USDT-SWAP
Gate SOON_USDT
KuCoin SOONUSDTM
Binance SOONUSDT
Extended SOON-USD
Aster SOONUSDT
Variational Omni SOON
Bybit SOONUSDT