Funding spread now, next payment 17:00 UTC−0.3694%/8h
paid, last 24h−0.572%paid, last 4 days−0.535%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.535% in total (about -53.4% 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 TUSDT | 0.005125 | −0.0710 | get 0.0355% / 4h | 3h 12m | $901K | $808K | 50x |
| Short | Kraken Futures PF_TUSD | 0.005129 | −0.4404 | pay 0.0550% / 1h | 12m 55s | $2K | $2K | 10x |
Bitget TUSDT
Kraken Futures PF_TUSDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$775.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$797.67
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 59 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.085%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 59 min ago | 0.97 bp | 21.4 bp −$21 | 118.8 bp −$1,188 | 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.
T on 8 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDshort | −0.4404% | 1h | $2K | $2K | 10x | |
| Gate T_USDT | −0.1176% | 4h | $211K | $128K | 20x | as long as short |
| Variational Omni T | −0.1170% | 4h | $7K | $13K | — | as long as short |
| KuCoin TUSDTM | −0.0880% | 4h | $1.3M | $113K | 12x | as long as short |
| MEXC T_USDT | −0.0778% | 4h | $3.1M | $305K | 20x | as long as short |
| Binance TUSDT | −0.0765% | 4h | $3.2M | $11.0M | 50x | as long as short |
| Bitget TUSDTlong | −0.0710% | 4h | $901K | $808K | 50x | |
| Bybit TUSDT | −0.0558% | 4h | $1.6M | $2.4M | 25x | as long as short |
Gate T_USDT
Variational Omni T
KuCoin TUSDTM
MEXC T_USDT
Binance TUSDT
Bybit TUSDT