Funding you earn now, next payment 01:00 UTC+0.0309%/8h= +33.8% APRpaid last 24h +0.160%
Price spread now: Kraken Futures against Bitget+0.045%7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs+$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
Funding, last 7 days+1.507%+$151 on $10k
+Price spread, last 3 days (all we have)+0.570%+$57 · spread now +0.045%, 7d avg +0.204%
=Funding pays, the price is against you. Kraken Futures is 0.159% cheaper against Bitget than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.204%). If the spread goes back, that is −$16 on $10k: about 41 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+1.507% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KASUSDT | 0.04310 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $11.9M | $3.0M | 50x |
| Short | Kraken Futures PF_KASUSD | 0.04312 | 0.0409 | get 0.0051% / 1h | 55m 00s | $302K | $460K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $64.92
- Price spread: +0.045% → +0.204%
- −$15.92
- Slippage, 4 orders
- −$83.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$56.59
- Costs to cover
- 1.056%
- Break-even
- 13.1 days
Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 18 min ago.
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 Bitget live order book, 4 min ago | 2.32 bp | 19.1 bp −$19 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 18 min ago | 5.78 bp | 34.2 bp −$34 | 144.3 bp −$1,443 | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0001% | 1h | 0.04310 | −0.006% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +1.183% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04318 | +0.180% | $255K | $168K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04313 | +0.078% | $4.0M | $11.4M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04310 | 0.000% | $10.7M | $7.1M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04305 | −0.116% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04311 | +0.023% | $27.9M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04312 | +0.058% | $4.3M | $6.8M | 50x | as long as short |
| Bitget KASUSDTlong | +0.0100% | 4h | 0.04310 | long leg | $11.9M | $3.0M | 50x | |
| BingX KAS-USDT | +0.0100% | 4h | 0.04308 | −0.046% | — | $67.9M | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04325 | +0.346% | $25K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0289% / S −0.5848% | 1h | 0.04309 | −0.019% | $11K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04317 | +0.162% | $372K | $203K | 75x | as long as short |
| Kraken Futures PF_KASUSDshort | +0.0409% | 1h | 0.04312 | +0.045% | $302K | $460K | 20x | |
| Hyperliquid KAS | +0.0418% | 1h | 0.04320 | +0.241% | $2.8M | $1.0M | 3x | as long as short |
Bitget KASUSDT
Kraken Futures PF_KASUSD
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
BingX KAS-USDT
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS