Funding you earn now, next payment 01:00 UTC+0.3273%/8h= +358.4% APRpaid last 24h +0.884%
Price spread now: Bitget against Kraken Futures−0.178%48s7-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
Funding pays, the price is against you. Bitget is 0.178% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.178% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 4 hours of funding at the current rate (+$98 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005165 | −0.3807 | get 0.0476% / 1h | 30m 31s | $2K | $2K | 10x |
| Short | Bitget TUSDT | 0.005156 | −0.0534 | pay 0.0267% / 4h | 3h 30m | $880K | $626K | 50x |
Kraken Futures PF_TUSD
Bitget TUSDTFunding 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
- $687.35
- Price spread: −0.178% → 0.000%
- −$17.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $647.59
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 40 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 40 min ago | 1.94 bp | 30.3 bp −$30 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
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: 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_TUSDlong | −0.3807% | 1h | 0.005165 | long leg | $2K | $2K | 10x | |
| KuCoin TUSDTM | −0.0792% | 4h | 0.005162 | −0.062% | $1.3M | $82K | 12x | as long as short |
| MEXC T_USDT | −0.0756% | 4h | 0.005164 | −0.023% | $3.1M | $256K | 20x | as long as short |
| Binance TUSDT | −0.0743% | 4h | 0.005163 | −0.034% | $3.3M | $8.4M | 50x | as long as short |
| Variational Omni T | −0.0718% | 4h | 0.005161 | −0.077% | $8K | $9K | — | as long as short |
| Bitget TUSDTshort | −0.0534% | 4h | 0.005156 | −0.178% | $880K | $626K | 50x | |
| Gate T_USDT | −0.0376% | 4h | 0.005169 | +0.074% | $213K | $99K | 20x | as long as short |
| Bybit TUSDT | +0.0017% | 4h | 0.005160 | −0.100% | $1.6M | $1.7M | 25x | as long as short |
KuCoin TUSDTM
MEXC T_USDT
Binance TUSDT
Variational Omni T
Gate T_USDT
Bybit TUSDT