Funding you earn now, next payment 03:00 UTC+0.0788%/8h= +86.3% APRpaid last 24h +0.173%
Price spread now: Bitget against Kraken Futures−0.103%7-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 0.103% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6258 | −0.0688 | get 0.0086% / 1h | 5m 47s | $37K | $1K | 20x |
| Short | Bitget KSMUSDT | 4.6210 | 0.0100 | get 0.0100% / 8h | 5h 05m | $492K | $219K | 50x |
Kraken Futures PF_KSMUSD
Bitget KSMUSDTFunding 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
- $165.49
- Price spread: −0.103% → 0.000%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $133.18
- Costs to cover
- 0.220%
- Break-even
- 1.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 54 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, 54 min ago | 5.40 bp | 25.7 bp −$26 | 89.1 bp −$891 | 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.
KSM 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSDlong | −0.0688% | 1h | 4.6258 | long leg | $37K | $1K | 20x | |
| Variational Omni KSM | −0.0254% | 8h | 4.6126 | −0.285% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0075% | 4h | 4.6120 | −0.298% | $752K | $647K | 20x | as long as short |
| BloFin KSM-USDT | +0.0092% | 8h | 4.6340 | +0.178% | $113K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6110 | −0.319% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6080 | −0.384% | $2.2M | $671K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6230 | −0.060% | $86K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6170 | −0.190% | $757K | $251K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6210 | −0.103% | $517K | $50K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6210 | −0.103% | $492K | $219K | 50x |
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6220 | −0.081% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6175 | −0.179% | $78K | $317K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD