Funding you earn now, next payment 20:00 UTC−0.0521%/8hpaid last 24h +0.074%
Price spread now: Kraken Futures against Bitget+0.126%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
The price spread pays, funding is against you. Kraken Futures is 0.126% dearer against Bitget than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1180 | 0.0100 | pay 0.0050% / 4h | 5m 18s | $573K | $189K | 50x |
| Short | Kraken Futures PF_ZRXUSD | 0.1181 | −0.0421 | pay 0.0053% / 1h | 5m 18s | $40K | $3K | 10x |
Bitget ZRXUSDT
Kraken Futures PF_ZRXUSDFunding 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
- −$109.43
- Price spread: +0.126% → 0.000%
- $12.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$118.8
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 24 min ago; Kraken Futures: no order-book sample. 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 Bitget live order book, 24 min ago | 4.25 bp | 33.6 bp −$34 | 163.0 bp −$1,630 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
ZRX 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_ZRXUSDshort | −0.0421% | 1h | 0.1181 | +0.126% | $40K | $3K | 10x | |
| Bybit ZRXUSDT | −0.0143% | 8h | 0.1180 | −0.034% | $1.4M | $366K | 25x | as long as short |
| BloFin ZRX-USDT | +0.0075% | 4h | 0.1181 | +0.085% | $96K | $18K | 50x | as long as short |
| Variational Omni ZRX | +0.0075% | 8h | 0.1179 | −0.056% | $34K | $29K | — | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1181 | +0.042% | $1.8M | $1.1M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1180 | +0.034% | $529K | $235K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1179 | −0.085% | $145K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1180 | 0.000% | $860K | $155K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1180 | 0.000% | $333K | $57K | 30x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1180 | long leg | $573K | $189K | 50x |
Bybit ZRXUSDT
BloFin ZRX-USDT
Variational Omni ZRX
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRX-USDT | +0.0100% | 4h | 0.1180 | 0.000% | — | $2.3M | — | as long as short |
BingX ZRX-USDT