Settings8H · net · $10k
Funding arb · Price arb /

API3

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0656%/8h= +71.8% APRpaid last 24h −0.015%
Price spread now: Gate against Kraken Futures−0.032%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Gate is 0.032% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_API3USD0.2609−0.0556get 0.0070% / 1h57m 07s$13K$2K10x
ShortGate API3_USDT0.26080.0100get 0.0100% / 8h6h 57m$129K$93K50x

Funding 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 it
latest
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 Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$109.54
Costs to cover
0.250%
Break-even
1.4 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Gate live order book, 3 min ago5.73 bp40.6 bp −$41doesn't fitdoesn't fitdoesn'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.

API3 on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_API3USDlong−0.0556%1h0.2609long leg$13K$2K10x
BloFin API3-USDT+0.0040%4h0.2607−0.071%$138K$27K50xas long as short
Aster API3USDT+0.0100%4h0.2607−0.066%$2K$5K5xas long as short
Binance API3USDT+0.0100%4h0.2608−0.047%$2.7M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2607−0.071%$987K$390K25xas long as short
OKX API3-USDT-SWAP+0.0100%4h0.2600−0.339%$651K$518K10xas long as short
Gate API3_USDTshort+0.0100%8h0.2608−0.032%$129K$93K50x
MEXC API3_USDT+0.0100%4h0.2606−0.109%$460K$252K50xas long as short
KuCoin API3USDTM+0.0100%4h0.2606−0.109%$1.0M$271K30xas long as short
Bitget API3USDT+0.0100%4h0.2606−0.109%$661K$204K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX API3-USDT+0.0100%4h0.2603−0.224%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2613+0.161%$6K$1as long as short