Funding you earn now, next payment 06:00 UTC−0.0125%/8h= −13.6% APRpaid last 24h −0.282%
Price spread now: Kraken Futures against Gate−0.495%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 −$4 a day on $10k at the current rate, and Kraken Futures is 0.495% cheaper against Gate than usual: you would sell low and buy high (−$50 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 C98_USDT | 0.01625 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $105K | $47K | 25x |
| Short | Kraken Futures PF_C98USD | 0.01617 | −0.0025 | pay 0.0003% / 1h | 38m 44s | $17K | $2K | 10x |
Gate C98_USDT
Kraken Futures PF_C98USDFunding 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
- −$26.18
- Price spread: −0.495% → 0.000%
- −$49.52
- 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
- −$100.7
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 1 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, 1 min ago | 6.17 bp | 425.8 bp −$426 | 50482.8 bp −$504.8K | 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.
C98 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_C98USDshort | −0.0025% | 1h | 0.01617 | −0.495% | $17K | $2K | 10x | |
| BloFin C98-USDT | +0.0084% | 8h | 0.01620 | −0.308% | $131K | $18K | 50x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01617 | −0.492% | $1.4M | $2.1M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01618 | −0.425% | $858K | $331K | 25x | as long as short |
| Gate C98_USDTlong | +0.0100% | 8h | 0.01625 | long leg | $105K | $47K | 25x | |
| MEXC C98_USDT | +0.0100% | 8h | 0.01616 | −0.554% | $279K | $105K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01623 | −0.123% | $197K | $39K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01618 | −0.431% | $190K | $352K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01622 | −0.169% | $8K | $202 | — | as long as short |
BloFin C98-USDT
Binance C98USDT
Bybit C98USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98