Funding you earn now, next payment 03:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h +0.199%
Price spread now: Bitget against Kraken Futures+0.866%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 +$19 a day on $10k at the current rate, and Bitget is 0.866% dearer against Kraken Futures than usual: you sell high and buy low: +$87 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_ZBTUSD | 0.08355 | −0.0536 | get 0.0067% / 1h | 54m 38s | $7K | $7K | 10x |
| Short | Bitget ZBTUSDT | 0.08427 | 0.0100 | get 0.0050% / 4h | 1h 54m | $6.1M | $134K | 10x |
Kraken Futures PF_ZBTUSD
Bitget ZBTUSDTFunding 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
- $133.48
- Price spread: +0.866% → 0.000%
- $86.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $198.1
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 4 min ago. 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, 4 min ago | 2.38 bp | 25.6 bp −$26 | 106.5 bp −$1,065 | 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.
ZBT on 12 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_ZBTUSDlong | −0.0536% | 1h | 0.08355 | long leg | $7K | $7K | 10x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08424 | +0.834% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08414 | +0.707% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08420 | +0.782% | $865K | $436K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08392 | +0.447% | $556K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08412 | +0.687% | $1.4M | $198K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08415 | +0.723% | $747K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDTshort | +0.0100% | 4h | 0.08427 | +0.866% | $6.1M | $134K | 10x | |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08412 | +0.687% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08435 | +0.957% | $896 | $453 | — | as long as short |
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
BingX ZBT-USDT
Variational Omni ZBTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08414 | +0.707% | $895 | $121K | 5x | as long as short |
| Gate ZBT_USDT | +0.0279% | 8h | 0.08417 | +0.746% | $542K | $535K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT