Funding you earn now, next payment 06:00 UTC+0.1465%/8h= +160.5% APRpaid last 24h +0.014%
Price spread now: Bitget against Kraken Futures−0.427%7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$2492.491% of the position
Funding, last 7 days+1.326%+$133 on $10k
+Price spread, last 4 days (all we have)+0.675%+$67 · spread now −0.427%, 7d avg +0.148%
=Funding pays, the price is against you. Bitget is 0.575% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.427% now, against its 7-day average of +0.148%). If the spread goes back, that is −$58 on $10k: about 31 hours of funding at the current rate (+$44 a day). At the pace of the last 7 days (+1.326% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05147 | −0.0895 | get 0.0112% / 1h | 28m 45s | $71K | $572K | 10x |
| Short | Bitget MUBARAKUSDT | 0.05125 | 0.0570 | get 0.0285% / 4h | 2h 28m | $3.4M | $12.5M | 25x |
Kraken Futures PF_MUBARAKUSD
Bitget MUBARAKUSDTFunding 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
- $307.72
- Price spread: −0.427% → +0.148%
- −$57.5
- Slippage, 4 orders
- −$227.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1.1
- Costs to cover
- 2.491%
- Break-even
- 7.0 days
Slippage from Kraken Futures: live order book, 19 min ago; Bitget: live order book, 5 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, 19 min ago | 68.79 bp | 90.0 bp −$90 | 7906.3 bp −$79.1K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.44 bp | 24.6 bp −$25 | 163.6 bp −$1,636 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDlong | −0.0895% | 1h | 0.05147 | long leg | $71K | $572K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05100 | −0.913% | $3.7M | $85.3M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05397 | +4.857% | $11K | $63K | — | as long as short |
| Binance MUBARAKUSDT | +0.0415% | 4h | 0.05087 | −1.171% | $21.6M | $143.5M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0426% | 4h | 0.05099 | −0.932% | $1.2M | $2.0M | 50x | as long as short |
| Bitget MUBARAKUSDTshort | +0.0570% | 4h | 0.05125 | −0.427% | $3.4M | $12.5M | 25x | |
| Aster MUBARAKUSDT | +0.0577% | 4h | 0.05077 | −1.356% | $13K | $658K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0612% | 4h | 0.05061 | −1.671% | $2.4M | $2.1M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0936% | 4h | 0.05124 | −0.447% | — | $3.7M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1006% | 4h | 0.05096 | −0.985% | $4.7M | $18.4M | 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 | +0.2638% | 4h | 0.05092 | −1.068% | $8.8M | $8.4M | 50x | as long as short |
Gate MUBARAK_USDT