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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.1793%/8h= −196.3% APRpaid last 24h +0.333%
Price spread now: Gate against Kraken Futures−0.089%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Gate is 0.089% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BBUSD0.0090880.1893pay 0.0237% / 1h54m 49s$22K$3K10x
ShortGate BB_USDT0.0090800.0100get 0.0050% / 4h2h 54m$139K$209K50x

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

Profit calculator

Funding earned
−$376.47
Price spread: −0.089% → 0.000%
−$8.88
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
−$410.35
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 7 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 Kraken Futures no order-book sample
Sell Gate live order book, 7 min ago10.98 bp90.7 bp −$91doesn't fitdoesn't fitdoesn'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.

BB on 9 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
Aster BBUSDT+0.0100%4h0.009057−0.346%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009036−0.578%$3.3M$6.9M50xas long as short
Gate BB_USDTshort+0.0100%4h0.009080−0.089%$139K$209K50x
MEXC BB_USDT+0.0100%4h0.009028−0.661%$1.4M$588K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009040−0.529%$447K$87K50xas long as short
Bitget BBUSDT+0.0100%4h0.009030−0.639%$323K$467K50xas long as short
Bybit BBUSDT+0.1428%4h0.009042−0.507%$711K$790K25xas long as short
BingX BB-USDT+0.1480%4h0.009047−0.452%$1.3Mas long as short
Kraken Futures PF_BBUSDlong+0.1893%1h0.009088long leg$22K$3K10x