Funding you earn now, next payment 01:00 UTC+0.1498%/8h= +164.1% APRnext payment +$1.87 per $10,000 · paid last 24h −0.198%
Price spread now: Bitget against Kraken Futures−0.186%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs+$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days+3.143%+$314 on $10k
+Price spread, last 3 days (all we have)+0.306%+$31 · spread now −0.186%, 7d avg −0.052%
=Funding pays, the price is against you. Bitget is 0.135% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.052%). If the spread goes back, that is −$13 on $10k: about 7 hours of funding at the current rate (+$45 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LSKUSD | 0.3627 | −0.1394 | get 0.0174% / 1h | 33m 55s | $119K | $219K | 10x |
| Short | Bitget LSKUSDT | 0.3620 | 0.0104 | get 0.0013% / 1h | 33m 55s | $2.8M | $9.1M | 50x |
Funding 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
- $314.65
- Price spread: −0.186% → −0.052%
- −$13.45
- Slippage, 4 orders
- −$73.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $205.61
- Costs to cover
- 0.956%
- Break-even
- 2.4 days
Slippage from Kraken Futures: live order book, 38 min ago; Bitget: live order book, 4 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 Kraken Futures live order book, 38 min ago | 16.46 bp | 26.1 bp −$26 | 188.1 bp −$1,881 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.76 bp | 22.7 bp −$23 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LSKUSDT | −0.1447% | 1h | 0.3617 | −0.264% | $15.6M | $96.4M | 50x | as long as short |
| MEXC LSK_USDT | −0.1400% | 1h | 0.3615 | −0.319% | $8.3M | $2.5M | 20x | as long as short |
| Kraken Futures PF_LSKUSDlong | −0.1394% | 1h | 0.3627 | long leg | $119K | $219K | 10x | |
| Aster LSKUSDT | −0.1316% | 1h | 0.3618 | −0.239% | $63K | $121K | 5x | as long as short |
| Gate LSK_USDT | −0.0616% | 1h | 0.3621 | −0.159% | $1.5M | $2.7M | 20x | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3625 | −0.043% | $10.2M | $20.3M | 25x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3631 | +0.118% | $29K | $213K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3613 | −0.374% | $62K | $264K | 20x | as long as short |
| Bitget LSKUSDTshort | +0.0104% | 1h | 0.3620 | −0.186% | $2.8M | $9.1M | 50x | |
| BingX LSK-USDT | +0.0104% | 1h | 0.3624 | −0.073% | — | $3.0M | — | as long as short |
Kraken Futures PF_LSKUSD
Bitget LSKUSDT
Binance LSKUSDT
MEXC LSK_USDT
Aster LSKUSDT
Gate LSK_USDT
Bybit LSKUSDT
Variational Omni LSK
HTX LSK-USDT
BingX LSK-USDT