Funding you earn now, next payment 00:00 UTC−0.1057%/8h= −115.8% APRpaid last 24h −0.318%
Price spread now: Kraken Futures against Gate−0.285%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 −$32 a day on $10k at the current rate, and Kraken Futures is 0.285% cheaper against Gate than usual: you would sell low and buy high (−$28 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 BB_USDT | 0.008970 | 0.0100 | pay 0.0050% / 4h | 34m 02s | $127K | $200K | 50x |
| Short | Kraken Futures PF_BBUSD | 0.008944 | −0.0957 | pay 0.0120% / 1h | 34m 02s | $21K | $1K | 10x |
Gate BB_USDT
Kraken Futures PF_BBUSDFunding 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
- −$222.05
- Price spread: −0.285% → 0.000%
- −$28.45
- 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
- −$275.5
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 37 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, 37 min ago | 11.04 bp | 66.0 bp −$66 | 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.
BB on 9 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_BBUSDshort | −0.0957% | 1h | 0.008944 | −0.285% | $21K | $1K | 10x | |
| Aster BBUSDT | +0.0100% | 4h | 0.008948 | −0.245% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.008954 | −0.182% | $3.2M | $6.6M | 50x | as long as short |
| Bybit BBUSDT | +0.0100% | 4h | 0.008966 | −0.045% | $678K | $758K | 25x | as long as short |
| Gate BB_USDTlong | +0.0100% | 4h | 0.008970 | long leg | $127K | $200K | 50x | |
| MEXC BB_USDT | +0.0100% | 4h | 0.008947 | −0.256% | $1.5M | $582K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.008950 | −0.223% | $441K | $80K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.008960 | −0.111% | $312K | $447K | 50x | as long as short |
| BingX BB-USDT | +0.0100% | 4h | 0.008963 | −0.078% | — | $1.3M | — | as long as short |
Aster BBUSDT
Binance BBUSDT
Bybit BBUSDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT