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
Funding, last 7 days+1.388%+$139 on $10k
+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 0.028% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAT_USDT | 0.08411 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $83K | $28K | 25x |
| Short | Kraken Futures PF_BATUSD | 0.08413 | −0.0424 | pay 0.0053% / 1h | 39m 48s | $115K | $5K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 57 min ago | 15.47 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSDshort | −0.0424% | 1h | 0.08413 | +0.028% | $115K | $5K | 10x | |
| BloFin BAT-USDT | +0.0072% | 8h | 0.08411 | 0.000% | $98K | $30K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08407 | −0.052% | $1.9M | $1.9M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08409 | −0.024% | $1.1M | $493K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08399 | −0.143% | $524K | $390K | 20x | as long as short |
| Gate BAT_USDTlong | +0.0100% | 8h | 0.08411 | long leg | $83K | $28K | 25x | |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08407 | −0.048% | $942K | $376K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08410 | −0.012% | $260K | $62K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08411 | 0.000% | $690K | $186K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08405 | −0.071% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08405 | −0.076% | $114K | $78 | — | as long as short |
Gate BAT_USDT
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDT
Variational Omni BAT