Funding you earn now, next payment 02:00 UTC+0.0389%/8h= +42.5% APRpaid last 24h +1.850%
Price spread now: Gate against Kraken Futures−0.098%51s7-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
Funding pays, the price is against you. Gate is 0.098% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$12 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BIGTIMEUSD | 0.008282 | −0.0289 | get 0.0036% / 1h | 6m 25s | $8K | $5K | 10x |
| Short | Gate BIGTIME_USDT | 0.008274 | 0.0100 | get 0.0050% / 4h | 2h 06m | $59K | $31K | 50x |
Kraken Futures PF_BIGTIMEUSD
Gate BIGTIME_USDTFunding 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
- $81.6
- Price spread: −0.098% → 0.000%
- −$9.75
- 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
- $46.84
- Costs to cover
- 0.250%
- Break-even
- 3.0 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
BIGTIME 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_BIGTIMEUSDlong | −0.0289% | 1h | 0.008282 | long leg | $8K | $5K | 10x | |
| Hyperliquid BIGTIME | +0.0100% | 1h | 0.008282 | −0.001% | $126K | $96K | 3x | as long as short |
| Binance BIGTIMEUSDT | +0.0100% | 4h | 0.008279 | −0.033% | $1.8M | $2.3M | 50x | as long as short |
| Bybit BIGTIMEUSDT | +0.0100% | 4h | 0.008282 | −0.001% | $682K | $611K | 25x | as long as short |
| OKX BIGTIME-USDT-SWAP | +0.0100% | 4h | 0.008273 | −0.110% | $437K | $396K | 10x | as long as short |
| Gate BIGTIME_USDTshort | +0.0100% | 4h | 0.008274 | −0.098% | $59K | $31K | 50x | |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008279 | −0.037% | $465K | $193K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008276 | −0.073% | $244K | $26K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008286 | +0.047% | $594K | $229K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008281 | −0.013% | — | $2.3M | — | as long as short |
Hyperliquid BIGTIME
Binance BIGTIMEUSDT
Bybit BIGTIMEUSDT
OKX BIGTIME-USDT-SWAP
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008288 | +0.066% | $10K | $1K | — | as long as short |
Variational Omni BIGTIME