Funding you earn now, next payment 07:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h +0.130%
Price spread now: Gate against Kraken Futures−0.115%51s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ANIMEUSD | 0.003460 | 0.0336 | pay 0.0042% / 1h | 7m 30s | $29K | $12K | 10x |
| Short | Gate ANIME_USDT | 0.003456 | 0.0100 | get 0.0050% / 4h | 1h 07m | $145K | $55K | 25x |
Kraken Futures PF_ANIMEUSD
Gate ANIME_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
- −$49.49
- Price spread: −0.115% → 0.000%
- −$11.46
- 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
- −$85.95
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 28 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, 28 min ago | 7.37 bp | 139.0 bp −$139 | 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.
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ANIME | +0.0100% | 1h | 0.003459 | −0.028% | $306K | $97K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003462 | +0.061% | $28K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003460 | −0.005% | $1.3M | $1.8M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003461 | +0.030% | $710K | $330K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003460 | +0.001% | $449K | $678K | 20x | as long as short |
| Gate ANIME_USDTshort | +0.0100% | 4h | 0.003456 | −0.115% | $145K | $55K | 25x | |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003458 | −0.057% | $211K | $90K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003461 | +0.030% | $425K | $79K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003459 | −0.028% | $871K | $156K | 10x | as long as short |
| BingX ANIME-USDT | +0.0100% | 4h | 0.003461 | +0.030% | — | $6.5M | — | as long as short |
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDT
BingX ANIME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ANIME | +0.0100% | 4h | 0.003456 | −0.104% | $12K | $553 | — | as long as short |
| Kraken Futures PF_ANIMEUSDlong | +0.0336% | 1h | 0.003460 | long leg | $29K | $12K | 10x | |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003459 | −0.028% | $846 | — | 100x | as long as short |
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]