Funding spread now, next payment 15:00 UTC−0.0020%/8h
paid, last 24h+0.010%paid, last 4 days+0.005%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_USDCUSD | 0.9997 | −0.0053 | get 0.0007% / 1h | 48m 40s | $14K | $112 | 50x |
| Short | Bitget USDCUSDT | 0.9995 | −0.0073 | pay 0.0073% / 8h | 1h 48m | $4.3M | $14K | 50x |
Kraken Futures PF_USDCUSD
Bitget USDCUSDTFunding history
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Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$4.13
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.13
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.025%
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.50 bp | 7.5 bp −$8 | 7.5 bp −$75 | 17.3 bp −$1,728 | 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.
USDC on 8 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| KuCoin USDCUSDTM | −0.0160% | 8h | $2.5M | $17K | 30x | as long as short |
| Bitget USDCUSDTshort | −0.0073% | 8h | $4.3M | $14K | 50x | |
| Binance USDCUSDT | −0.0063% | 8h | $4.5M | $2.8M | 50x | as long as short |
| MEXC USDC_USDT | −0.0062% | 8h | $16.4M | $184K | 200x | as long as short |
| Kraken Futures PF_USDCUSDlong | −0.0053% | 1h | $14K | $112 | 50x | |
| Bybit USDCUSDT | 0.0000% | 8h | $9.5M | $409K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | $1.1M | $40K | 50x | as long as short |
| Gate USDC_USDT | +0.0066% | 8h | $253K | $20K | 50x | as long as short |
KuCoin USDCUSDTM
Binance USDCUSDT
MEXC USDC_USDT
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT