Funding you earn now, next payment 06:00 UTC−0.2392%/8h= −262.0% APRpaid last 24h −0.489%
Price spread now: Kraken Futures against Gate−0.324%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
Both sides work against this trade now: funding costs −$72 a day on $10k at the current rate, and Kraken Futures is 0.324% cheaper against Gate than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2137 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $197K | $62K | 20x |
| Short | Kraken Futures PF_BANDUSD | 0.2130 | −0.2292 | pay 0.0287% / 1h | 36m 45s | $19K | $1K | 10x |
Gate BAND_USDT
Kraken Futures PF_BANDUSDFunding 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
- −$502.41
- Price spread: −0.324% → 0.000%
- −$32.44
- 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
- −$559.85
- 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 | 42.17 bp | 181.9 bp −$182 | 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.
BAND on 10 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_BANDUSDshort | −0.2292% | 1h | 0.2130 | −0.324% | $19K | $1K | 10x | |
| Binance BANDUSDT | +0.0100% | 8h | 0.2132 | −0.240% | $1.3M | $1.6M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2131 | −0.281% | $302K | $180K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2133 | −0.187% | $229K | $400K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2137 | long leg | $197K | $62K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2132 | −0.234% | $349K | $148K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2134 | −0.140% | $744K | $59K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2134 | −0.140% | $798K | $104K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2132 | −0.226% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0128% | 8h | 0.2126 | −0.515% | $74K | $8K | 50x | as long as short |
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT