Funding you earn now, next payment 03:00 UTC−0.3614%/8h= −395.8% APRpaid last 24h −2.433%
Price spread now: Gate against Kraken Futures+0.202%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. Gate is 0.202% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.202% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$108 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05118 | 0.3870 | pay 0.0484% / 1h | 39m 56s | $11K | $32K | 10x |
| Short | Gate ALCH_USDT | 0.05128 | 0.0256 | get 0.0128% / 4h | 1h 39m | $284K | $665K | 20x |
Kraken Futures PF_ALCHUSD
Gate ALCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$759.01
- Price spread: +0.202% → 0.000%
- $20.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$763.78
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 12 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 Gate live order book, 12 min ago | 15.62 bp | 188.2 bp −$188 | doesn't fit | 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.
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 | 0.05112 | −0.110% | $3.0M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05115 | −0.052% | $918K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05114 | −0.071% | $3K | $17K | — | as long as short |
| Gate ALCH_USDTshort | +0.0256% | 4h | 0.05128 | +0.202% | $284K | $665K | 20x | |
| Aster ALCHUSDT | +0.1248% | 4h | 0.05133 | +0.300% | $13K | $101K | 5x | as long as short |
| BingX ALCH-USDT | +0.1262% | 4h | 0.05131 | +0.261% | — | $6.7M | — | as long as short |
| MEXC ALCH_USDT | +0.1336% | 4h | 0.05114 | −0.071% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1342% | 4h | 0.05118 | +0.005% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1368% | 4h | 0.05135 | +0.339% | $398K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1546% | 4h | 0.05111 | −0.130% | $1.2M | $276K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BingX ALCH-USDT
MEXC ALCH_USDT
Binance ALCHUSDT
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_ALCHUSDlong | +0.3870% | 1h | 0.05118 | long leg | $11K | $32K | 10x |