Funding you earn now, next payment 07:00 UTC+0.0890%/8h= +97.4% APRpaid last 24h +0.029%
Price spread now: Kraken Futures against Gate+0.403%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 +$27 a day on $10k at the current rate, and Kraken Futures is 0.403% dearer against Gate than usual: you sell high and buy low: +$40 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 COOKIE_USDT | 0.01285 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $132K | $241K | 25x |
| Short | Kraken Futures PF_COOKIEUSD | 0.01290 | 0.0990 | get 0.0124% / 1h | 43m 12s | $15K | $48K | 10x |
Gate COOKIE_USDT
Kraken Futures PF_COOKIEUSDFunding 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
- $186.81
- Price spread: +0.403% → 0.000%
- $40.31
- 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
- $202.12
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 58 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, 58 min ago | 11.91 bp | 161.5 bp −$161 | 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.
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01288 | +0.195% | $2.2M | $9.9M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01289 | +0.280% | $888K | $1.6M | 25x | as long as short |
| Gate COOKIE_USDTlong | +0.0100% | 4h | 0.01285 | long leg | $132K | $241K | 25x | |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01289 | +0.311% | $661K | $379K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01285 | 0.000% | $234K | $165K | 20x | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01278 | −0.543% | $13K | $20K | — | as long as short |
| Bitget COOKIEUSDT | +0.0118% | 4h | 0.01290 | +0.389% | $369K | $326K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0124% | 4h | 0.01288 | +0.210% | — | $6.5M | — | as long as short |
| Kraken Futures PF_COOKIEUSDshort | +0.0990% | 1h | 0.01290 | +0.403% | $15K | $48K | 10x |
Binance COOKIEUSDT
Bybit COOKIEUSDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Variational Omni COOKIE
Bitget COOKIEUSDT
BingX COOKIE-USDT