Funding you earn now, next payment 06:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.179%
Price spread now: Kraken Futures against Gate+0.291%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
The price spread pays, funding is against you. Kraken Futures is 0.291% dearer against Gate than usual: you sell high and buy low (spread +0.291% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CGPT_USDT | 0.02141 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $183K | $54K | 50x |
| Short | Kraken Futures PF_CGPTUSD | 0.02147 | −0.0091 | pay 0.0011% / 1h | 37m 12s | $2K | $2K | 10x |
Funding 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
- −$40.15
- Price spread: +0.291% → 0.000%
- $29.12
- 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
- −$36.02
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 4 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, 4 min ago | 16.33 bp | 421.3 bp −$421 | 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.
CGPT on 10 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_CGPTUSDshort | −0.0091% | 1h | 0.02147 | +0.291% | $2K | $2K | 10x | |
| Binance CGPTUSDT | +0.0100% | 4h | 0.02143 | +0.113% | $1.5M | $1.7M | 50x | as long as short |
| Bybit CGPTUSDT | +0.0100% | 4h | 0.02143 | +0.098% | $362K | $212K | 25x | as long as short |
| Gate CGPT_USDTlong | +0.0100% | 4h | 0.02141 | long leg | $183K | $54K | 50x | |
| MEXC CGPT_USDT | +0.0100% | 4h | 0.02143 | +0.093% | $418K | $130K | 100x | as long as short |
| KuCoin CGPTUSDTM | +0.0100% | 4h | 0.02130 | −0.514% | $241K | $23K | 30x | as long as short |
| Bitget CGPTUSDT | +0.0100% | 4h | 0.02145 | +0.187% | $596K | $98K | 50x | as long as short |
| BingX CGPT-USDT | +0.0100% | 4h | 0.02141 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni CGPT | +0.0100% | 4h | 0.02146 | +0.241% | $15K | $2K | — | as long as short |
| Extended CGPT-USD | +0.0104% | 1h | 0.02142 | +0.048% | $15K | $245K | 5x | as long as short |
Gate CGPT_USDT
Kraken Futures PF_CGPTUSD
Binance CGPTUSDT
Bybit CGPTUSDT
MEXC CGPT_USDT
KuCoin CGPTUSDTM
Bitget CGPTUSDT
BingX CGPT-USDT
Variational Omni CGPT
Extended CGPT-USD