Funding you earn now, next payment 02:00 UTC−0.0656%/8h= −71.8% APRpaid last 24h +0.015%
Price spread now: Kraken Futures against Gate+0.032%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 0.032% dearer against Gate than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$20 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 | Gate API3_USDT | 0.2608 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $129K | $93K | 50x |
| Short | Kraken Futures PF_API3USD | 0.2609 | −0.0556 | pay 0.0070% / 1h | 57m 01s | $13K | $2K | 10x |
Gate API3_USDT
Kraken Futures PF_API3USDFunding 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
- −$137.78
- Price spread: +0.032% → 0.000%
- $3.24
- 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
- −$159.54
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 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, 4 min ago | 5.73 bp | 38.9 bp −$39 | 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.
API3 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_API3USDshort | −0.0556% | 1h | 0.2609 | +0.032% | $13K | $2K | 10x | |
| BloFin API3-USDT | +0.0040% | 4h | 0.2607 | −0.038% | $138K | $27K | 50x | as long as short |
| Aster API3USDT | +0.0100% | 4h | 0.2607 | −0.033% | $2K | $5K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2604 | −0.165% | $2.7M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2606 | −0.077% | $987K | $390K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2600 | −0.307% | $648K | $518K | 10x | as long as short |
| Gate API3_USDTlong | +0.0100% | 8h | 0.2608 | long leg | $129K | $93K | 50x | |
| MEXC API3_USDT | +0.0100% | 4h | 0.2603 | −0.192% | $460K | $252K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2602 | −0.230% | $1.0M | $271K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2602 | −0.230% | $660K | $204K | 20x | as long as short |
BloFin API3-USDT
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX API3-USDT | +0.0100% | 4h | 0.2603 | −0.192% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2613 | +0.193% | $6K | $1 | — | as long as short |
BingX API3-USDT
Variational Omni API3