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
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 −$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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.009088 | 0.1893 | pay 0.0237% / 1h | 54m 49s | $22K | $3K | 10x |
| Short | Gate BB_USDT | 0.009080 | 0.0100 | get 0.0050% / 4h | 2h 54m | $139K | $209K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 7 min ago | 10.98 bp | 90.7 bp −$91 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009057 | −0.346% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009036 | −0.578% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDTshort | +0.0100% | 4h | 0.009080 | −0.089% | $139K | $209K | 50x | |
| MEXC BB_USDT | +0.0100% | 4h | 0.009028 | −0.661% | $1.4M | $588K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009040 | −0.529% | $447K | $87K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009030 | −0.639% | $323K | $467K | 50x | as long as short |
| Bybit BBUSDT | +0.1428% | 4h | 0.009042 | −0.507% | $711K | $790K | 25x | as long as short |
| BingX BB-USDT | +0.1480% | 4h | 0.009047 | −0.452% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSDlong | +0.1893% | 1h | 0.009088 | long leg | $22K | $3K | 10x |
Kraken Futures PF_BBUSD
Gate BB_USDT
Aster BBUSDT
Binance BBUSDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Bybit BBUSDT
BingX BB-USDT