Funding you earn now, next payment 00:00 UTC−1.3381%/8h= −1465.2% APRpaid last 24h −2.915%
Price spread now: Bitget against Kraken Futures−0.872%58s7-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 −$401 a day on $10k at the current rate, and Bitget is 0.872% cheaper against Kraken Futures than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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_DEEPUSD | 0.02021 | 1.3481 | pay 0.1685% / 1h | 48m 21s | $8K | $7K | 10x |
| Short | Bitget DEEPUSDT | 0.02003 | 0.0100 | get 0.0050% / 4h | 48m 21s | $868K | $603K | 50x |
Kraken Futures PF_DEEPUSD
Bitget DEEPUSDTFunding 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
- −$2,809.96
- Price spread: −0.872% → 0.000%
- −$87.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2,919.19
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 27 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, 27 min ago | 7.53 bp | 42.8 bp −$43 | 125.6 bp −$1,256 | 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.
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.3798% | 1h | 0.02001 | −0.971% | $82K | $17K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0092% | 8h | 0.02004 | −0.823% | $139K | $35K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.02004 | −0.823% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01996 | −1.219% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01997 | −1.169% | $306K | $99K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.02004 | −0.823% | $1.1M | $547K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02002 | −0.922% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDTshort | +0.0100% | 4h | 0.02003 | −0.872% | $868K | $603K | 50x | |
| Variational Omni DEEP | +0.0100% | 8h | 0.01996 | −1.231% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.02004 | −0.843% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDT | +0.0200% | 4h | 0.02001 | −0.971% | — | $6.6M | — | as long as short |
| Kraken Futures PF_DEEPUSDlong | +1.3481% | 1h | 0.02021 | long leg | $8K | $7K | 10x |
BingX DEEP-USDT