Funding you earn now, next payment 06:00 UTC+3.9215%/8h= +4294.1% APRpaid last 24h +4.376%
Price spread now: Kraken Futures against Gate+0.875%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1,176 a day on $10k at the current rate, and Kraken Futures is 0.875% dearer against Gate than usual: you sell high and buy low: +$88 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BEL_USDT | 0.1257 | 0.0525 | pay 0.0525% / 8h | 2h 37m | $110K | $41K | 10x |
| Short | Kraken Futures PF_BELUSD | 0.1268 | 3.9740 | get 0.4968% / 1h | 37m 51s | $9K | $10K | 10x |
Gate BEL_USDT
Kraken Futures PF_BELUSDFunding 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
- $8,235.2
- Price spread: +0.875% → 0.000%
- $87.55
- 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
- $8,297.74
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 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, 2 min ago | 8.35 bp | 45.3 bp −$45 | 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.
BEL on 8 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 BELUSDT | +0.0100% | 8h | 0.1256 | −0.066% | $11K | $1K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1256 | −0.077% | $2.0M | $1.5M | 10x | as long as short |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1256 | −0.080% | $153K | $90K | 50x | as long as short |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1257 | −0.016% | $61K | $17K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1258 | +0.043% | $3K | $11 | — | as long as short |
| Bybit BELUSDT | +0.0333% | 8h | 0.1257 | −0.024% | $243K | $150K | 10x | as long as short |
| Gate BEL_USDTlong | +0.0525% | 8h | 0.1257 | long leg | $110K | $41K | 10x | |
| Kraken Futures PF_BELUSDshort | +3.9740% | 1h | 0.1268 | +0.875% | $9K | $10K | 10x |
Aster BELUSDT
Binance BELUSDT
MEXC BEL_USDT
KuCoin BELUSDTM
Variational Omni BEL
Bybit BELUSDT