Funding you earn now, next payment 04:00 UTC−0.0203%/8h= −22.3% APRpaid last 24h +0.251%
Price spread now: Kraken Futures against Bitget+0.146%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2122.121% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.146%, 7d avg −0.026%
=The price spread pays, funding is against you. Kraken Futures is 0.173% dearer against Bitget than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.026%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SYNUSDT | 0.2417 | 0.0100 | pay 0.0050% / 4h | 43m 14s | $1.3M | $3.2M | 10x |
| Short | Kraken Futures PF_SYNUSD | 0.2421 | −0.0103 | pay 0.0013% / 1h | 43m 14s | $197K | $717K | 10x |
Bitget SYNUSDT
Kraken Futures PF_SYNUSDFunding 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
- −$42.69
- Price spread: +0.146% → −0.026%
- $17.26
- Slippage, 4 orders
- −$190.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$237.52
- Costs to cover
- 2.121%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 15 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, 4 min ago | 6.05 bp | 53.2 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 15 min ago | 35.01 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
SYN on 8 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_SYNUSDshort | −0.0103% | 1h | 0.2421 | +0.146% | $197K | $717K | 10x | |
| Binance SYNUSDT | +0.0100% | 4h | 0.2421 | +0.128% | $12.0M | $41.6M | 10x | as long as short |
| MEXC SYN_USDT | +0.0100% | 4h | 0.2420 | +0.103% | $3.0M | $7.7M | 50x | as long as short |
| Bitget SYNUSDTlong | +0.0100% | 4h | 0.2417 | long leg | $1.3M | $3.2M | 10x | |
| BingX SYN-USDT | +0.0100% | 4h | 0.2420 | +0.120% | — | $3.2M | — | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2420 | +0.120% | $4K | $39K | 10x | as long as short |
| Phemex SYNUSDT | +0.0100% | 4h | 0.2411 | −0.265% | $1.6M | $1.8M | 50x | as long as short |
| Aster SYNUSDT | +0.1402% | 4h | 0.2431 | +0.558% | $2.8M | $963K | 5x | as long as short |
Binance SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Orderly PERP_SYN_USDC_mythos
Phemex SYNUSDT
Aster SYNUSDT