Funding you earn now, next payment 01:00 UTC+0.0497%/8h= +54.5% APRpaid last 24h +0.117%
Price spread now: Bitget against Kraken Futures+0.328%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.328% dearer against Kraken Futures than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOONUSD | 0.1952 | 0.0533 | pay 0.0067% / 1h | 33m 00s | $11K | $1K | 10x |
| Short | Bitget SOONUSDT | 0.1958 | 0.1030 | get 0.0515% / 4h | 3h 33m | $9.2M | $227K | 25x |
Kraken Futures PF_SOONUSD
Bitget SOONUSDTFunding 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
- $104.45
- Price spread: +0.328% → 0.000%
- $32.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $115.29
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, just now. 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, just now | 5.11 bp | 35.3 bp −$35 | 200.9 bp −$2,009 | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1959 | +0.375% | $1.8M | $3.1M | 50x | as long as short |
| Gate SOON_USDT | +0.0278% | 4h | 0.1954 | +0.123% | $3.2M | $110K | 50x | as long as short |
| Extended SOON-USD | +0.0280% | 1h | 0.1957 | +0.271% | $7K | $202K | 5x | as long as short |
| Binance SOONUSDT | +0.0282% | 4h | 0.1958 | +0.303% | $8.0M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0433% | 4h | 0.1958 | +0.328% | $2.0M | $449K | 20x | as long as short |
| Kraken Futures PF_SOONUSDlong | +0.0533% | 1h | 0.1952 | long leg | $11K | $1K | 10x | |
| Aster SOONUSDT | +0.0925% | 4h | 0.1956 | +0.226% | $190K | $2K | 5x | as long as short |
| Bitget SOONUSDTshort | +0.1030% | 4h | 0.1958 | +0.328% | $9.2M | $227K | 25x | |
| Bybit SOONUSDT | +0.2879% | 4h | 0.1943 | −0.440% | $2.5M | $1.1M | 25x | as long as short |
| Variational Omni SOON | +0.3254% | 4h | 0.1946 | −0.276% | $239K | $20K | — | as long as short |
KuCoin SOONUSDTM
Gate SOON_USDT
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bybit SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.3452% | 4h | 0.1955 | +0.175% | — | $6.7M | — | as long as short |
BingX SOON-USDT