Spread before costs (cost unknown: a leg has no order-book sample)−0.182%
7d average—if it closes, per $10,000$18funding while held, a day+$71.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005161 | −0.3665 | get 0.0458% / 1h | 48m 28s | $3K | $3K | 10x |
| Short | Bitget TUSDT | 0.005152 | −0.1292 | pay 0.0646% / 4h | 48m 28s | $929K | $826K | 50x |
Kraken Futures PF_TUSD
Bitget TUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$18.23
- Funding while held
- $71.19
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $30.96
- Spread needed to break even
- 0.220%
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 29 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2373%
- Per $10,000 a day
- +$71.19
- Average in range /8h
- —
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, 29 min ago | 1.96 bp | 32.8 bp −$33 | 110.5 bp −$1,105 | 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.
T price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.005152cheapest
Variational Omni0.005154+0.036%MEXC0.005160+0.155%Binance0.005160+0.157%
Variational Omni
MEXC
BinanceKraken Futures0.005161+0.183%
Bybit0.005162+0.194%Gate0.005167+0.291%KuCoin0.005168+0.311%
Bybit
Gate
KuCoinT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TUSDTshort | −0.182% | −0.1292% | 4h | $929K | $826K | 50x | |
| Variational Omni T | −0.146% | −0.1437% | 4h | $7K | $13K | — | as long as short |
| MEXC T_USDT | −0.027% | −0.0904% | 4h | $3.2M | $305K | 20x | as long as short |
| Binance TUSDT | −0.026% | −0.0900% | 4h | $3.3M | $11.5M | 50x | as long as short |
| Kraken Futures PF_TUSDlong | 0.000% | −0.3665% | 1h | $3K | $3K | 10x | |
| Bybit TUSDT | +0.011% | −0.1312% | 4h | $1.7M | $2.5M | 25x | as long as short |
| Gate T_USDT | +0.108% | −0.1188% | 4h | $213K | $136K | 20x | as long as short |
| KuCoin TUSDTM | +0.128% | −0.1084% | 4h | $1.4M | $114K | 12x | as long as short |