Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.280%
Price spread now: Gate against Kraken Futures−0.047%7-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
Funding pays, the price is against you. Gate is 0.047% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.6767 | 0.0004 | pay 0.0000% / 1h | 37m 36s | $8K | $259 | 10x |
| Short | Gate AUCTION_USDT | 3.6750 | 0.0100 | get 0.0100% / 8h | 2h 37m | $103K | $64K | 50x |
Kraken Futures PF_AUCTIONUSD
Gate AUCTION_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
- $20.23
- Price spread: −0.047% → 0.000%
- −$4.67
- 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
- −$9.44
- Costs to cover
- 0.250%
- Break-even
- 10.3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 5.45 bp | 247.1 bp −$247 | 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.
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSDlong | +0.0004% | 1h | 3.6767 | long leg | $8K | $259 | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6778 | +0.031% | $918 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6794 | +0.074% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6810 | +0.116% | $587K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6800 | +0.089% | $783K | $676K | 20x | as long as short |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6750 | −0.047% | $103K | $64K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6800 | +0.089% | $435K | $144K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6820 | +0.144% | $344K | $121K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6810 | +0.116% | $371K | $146K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6790 | +0.062% | — | $13.8M | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6794 | +0.074% | $171 | $38 | — | as long as short |
Variational Omni AUCTION