Funding you earn now, next payment 05:00 UTC−0.0320%/8h= −35.1% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against Bitget+0.053%58s7-day average −0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3033.032% of the position
Funding, last 7 days−1.296%−$130 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.053%, 7d avg −0.135%
=The price spread pays, funding is against you. Kraken Futures is 0.188% dearer against Bitget than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.135%): +$19 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 47 hours. 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 | Bitget MUBARAKUSDT | 0.05133 | 0.0532 | pay 0.0266% / 4h | 3h 22m | $3.3M | $8.6M | 25x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.05136 | 0.0212 | get 0.0026% / 1h | 22m 18s | $58K | $479K | 10x |
Bitget MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDFunding 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
- −$67.25
- Price spread: +0.053% → −0.135%
- $18.76
- Slippage, 4 orders
- −$281.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$351.69
- Costs to cover
- 3.032%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 31 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, 1 min ago | 5.82 bp | 22.5 bp −$23 | 192.2 bp −$1,922 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 31 min ago | 78.63 bp | 138.6 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05129 | −0.084% | $3.5M | $70.5M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05151 | +0.343% | $13K | $57K | — | as long as short |
| Kraken Futures PF_MUBARAKUSDshort | +0.0212% | 1h | 0.05136 | +0.053% | $58K | $479K | 10x | |
| Binance MUBARAKUSDT | +0.0284% | 4h | 0.05126 | −0.134% | $20.5M | $108.1M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0286% | 4h | 0.05121 | −0.234% | $1.2M | $1.6M | 50x | as long as short |
| Bitget MUBARAKUSDTlong | +0.0532% | 4h | 0.05133 | long leg | $3.3M | $8.6M | 25x | |
| Aster MUBARAKUSDT | +0.0601% | 4h | 0.05133 | −0.006% | $17K | $526K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0624% | 4h | 0.05128 | −0.097% | $1.9M | $1.2M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.1566% | 4h | 0.05125 | −0.156% | — | $3.3M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1603% | 4h | 0.05132 | −0.016% | $4.6M | $13.4M | 25x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2538% | 4h | 0.05138 | +0.097% | $8.5M | $6.0M | 50x | as long as short |
Gate MUBARAK_USDT