Funding you earn now, next payment 00:00 UTC−0.1559%/8h= −170.7% APRpaid last 24h −0.579%
Price spread now: Gate against Kraken Futures+0.044%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.061%−$6 on $10k
+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. Gate is 0.044% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.061% in total) that is about 5.1 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CVXUSD | 2.0671 | 0.1659 | pay 0.0207% / 1h | 4m 24s | $111K | $78K | 10x |
| Short | Gate CVX_USDT | 2.0680 | 0.0100 | get 0.0100% / 8h | 4m 24s | $69K | $25K | 25x |
Kraken Futures PF_CVXUSD
Gate CVX_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
- −$327.44
- Price spread: +0.044% → 0.000%
- $4.44
- 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
- −$348
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 8 min ago; 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 live order book, 8 min ago | 23.23 bp | 552.2 bp −$552 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
CVX on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CVX/USDC PERP | +0.0033% | 1h | 1.9790 | −4.261% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0690 | +0.093% | $1.7M | $2.7M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0680 | +0.044% | $1.7M | $824K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0670 | −0.004% | $254K | $368K | 10x | as long as short |
| Gate CVX_USDTshort | +0.0100% | 8h | 2.0680 | +0.044% | $69K | $25K | 25x | |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0690 | +0.093% | $2.0M | $495K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0690 | +0.093% | $822K | $68K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0680 | +0.044% | $626K | $133K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0680 | +0.044% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0629 | −0.204% | $6K | $2K | — | as long as short |
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVXShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDT | +0.0340% | 4h | 2.0640 | −0.149% | $83K | $128K | 75x | as long as short |
| GMX CVX/USD [ETH-USDC] | L +0.0487% / S −0.0195% | 1h | 2.0628 | −0.206% | $170K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSDlong | +0.1659% | 1h | 2.0671 | long leg | $111K | $78K | 10x |
BloFin CVX-USDT
GMX CVX/USD [ETH-USDC]