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

BAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.294%
Price spread now: Kraken Futures against Gate+0.028%7-day average · you sell dearer than you buy
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 7 days+1.388%+$139 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.028% dearer against Gate than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +1.388%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BAT_USDT0.084110.0100pay 0.0100% / 8h7h 39m$83K$28K25x
ShortKraken Futures PF_BATUSD0.08413−0.0424pay 0.0053% / 1h39m 48s$115K$5K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$110.11
Price spread: +0.028% → 0.000%
$2.84
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
−$132.27
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; Kraken Futures: live order book, 57 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 Gate no order-book sample
Sell Kraken Futures live order book, 57 min ago15.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Gate: 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.

BAT on 11 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_BATUSDshort−0.0424%1h0.08413+0.028%$115K$5K10x
BloFin BAT-USDT+0.0072%8h0.084110.000%$98K$30K50xas long as short
Binance BATUSDT+0.0100%8h0.08407−0.052%$1.9M$1.9M50xas long as short
Bybit BATUSDT+0.0100%8h0.08409−0.024%$1.1M$493K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08399−0.143%$524K$390K20xas long as short
Gate BAT_USDTlong+0.0100%8h0.08411long leg$83K$28K25x
MEXC BAT_USDT+0.0100%8h0.08407−0.048%$942K$376K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08410−0.012%$260K$62K20xas long as short
Bitget BATUSDT+0.0100%8h0.084110.000%$690K$186K50xas long as short
BingX BAT-USDT+0.0100%8h0.08405−0.071%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08405−0.076%$114K$78as long as short