Funding you earn now, next payment 02:00 UTC−0.0739%/8h= −81.0% APRpaid last 24h −0.120%
Price spread now: Kraken Futures against Gate+0.126%51s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 3 days (all we have)+0.213%+$21 · spread now +0.126%, 7d avg +0.059%
=The price spread pays, funding is against you. Kraken Futures is 0.066% dearer against Gate than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.059%): +$7 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.186%, so the current rate has only just turned against you. 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 0.186% in total (about 9.7% 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 | Gate EGLD_USDT | 4.3810 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $493K | $688K | 30x |
| Short | Kraken Futures PF_EGLDUSD | 4.3865 | −0.0639 | pay 0.0080% / 1h | 49m 24s | $437K | $722K | 20x |
Gate EGLD_USDT
Kraken Futures PF_EGLDUSDFunding 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
- −$155.26
- Price spread: +0.126% → +0.059%
- $6.65
- Slippage, 4 orders
- −$138.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$312.38
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Kraken Futures: live order book, 19 min ago.
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, 17 min ago | 6.74 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 19 min ago | 19.02 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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_EGLDUSDshort | −0.0639% | 1h | 4.3865 | +0.126% | $437K | $722K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.457% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3699 | −0.253% | $4.8M | $27.8M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3680 | −0.297% | $2.7M | $9.0M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.3690 | −0.274% | $641K | $5.3M | 20x | as long as short |
| Gate EGLD_USDTlong | +0.0100% | 8h | 4.3810 | long leg | $493K | $688K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3680 | −0.297% | $4.3M | $3.4M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3770 | −0.091% | $2.7M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3730 | −0.183% | $2.2M | $4.4M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.3720 | −0.205% | — | $2.9M | — | as long as short |
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.3818 | +0.019% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3770 | −0.091% | $232K | $576K | 75x | as long as short |
Variational Omni EGLD
BloFin EGLD-USDT