Funding you earn now, next payment 04:00 UTC+0.3797%/8h= +415.8% APRpaid last 24h +2.250%
Price spread now: Kraken Futures against Gate+0.005%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$114 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALCH_USDT | 0.05138 | 0.0100 | pay 0.0050% / 4h | 48m 17s | $290K | $684K | 20x |
| Short | Kraken Futures PF_ALCHUSD | 0.05138 | 0.3897 | get 0.0487% / 1h | 48m 17s | $12K | $33K | 10x |
Gate ALCH_USDT
Kraken Futures PF_ALCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $797.36
- Price spread: +0.005% → 0.000%
- $0.49
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $772.85
- Costs to cover
- 0.250%
- Break-even
- 0.2 days
Slippage unknown: Gate: live order book, 64 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 Gate live order book, 64 min ago | 15.62 bp | 201.0 bp −$201 | doesn't fit | 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.
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05139 | +0.019% | $3.0M | $6.1M | 20x | as long as short |
| Gate ALCH_USDTlong | +0.0100% | 4h | 0.05138 | long leg | $290K | $684K | 20x | |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05147 | +0.175% | $947K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05133 | −0.095% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0935% | 4h | 0.05135 | −0.059% | $13K | $106K | 5x | as long as short |
| Binance ALCHUSDT | +0.0968% | 4h | 0.05141 | +0.058% | $6.1M | $27.3M | 10x | as long as short |
| BingX ALCH-USDT | +0.0970% | 4h | 0.05140 | +0.039% | — | $6.7M | — | as long as short |
| MEXC ALCH_USDT | +0.0980% | 4h | 0.05128 | −0.195% | $4.9M | $2.4M | 100x | as long as short |
| BloFin ALCH-USDT | +0.0991% | 4h | 0.05143 | +0.097% | $401K | $114K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1284% | 4h | 0.05127 | −0.214% | $1.2M | $274K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
BingX ALCH-USDT
MEXC ALCH_USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDshort | +0.3897% | 1h | 0.05138 | +0.005% | $12K | $33K | 10x |