Settings8H · net · $10k
Funding arb · Price arb /

BB

all BB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1046%/8h= −114.6% APRpaid last 24h −0.318%
Price spread now: Kraken Futures against Bitget−0.130%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Kraken Futures is 0.130% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BBUSDT0.0090600.0100pay 0.0050% / 4h47m 53s$314K$453K50x
ShortKraken Futures PF_BBUSD0.009048−0.0946pay 0.0118% / 1h47m 53s$22K$1K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$219.75
Price spread: −0.130% → 0.000%
−$13
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$254.75
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 23 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 23 min ago11.04 bp37.4 bp −$37196.7 bp −$1,967doesn't fitdoesn'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.

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSDshort−0.0946%1h0.009048−0.130%$22K$1K10x
Aster BBUSDT+0.0100%4h0.009052−0.085%$13K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009051−0.099%$3.2M$6.6M50xas long as short
Bybit BBUSDT+0.0100%4h0.009068+0.088%$685K$757K25xas long as short
Gate BB_USDT+0.0100%4h0.009010−0.552%$128K$199K50xas long as short
MEXC BB_USDT+0.0100%4h0.009052−0.088%$1.5M$581K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.0090600.000%$446K$80K50xas long as short
Bitget BBUSDTlong+0.0100%4h0.009060long leg$314K$453K50x
BingX BB-USDT+0.0100%4h0.009063+0.033%$1.3Mas long as short