Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.061%
Price spread now: Gate against Kraken Futures+0.166%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.604%−$60 · spread now +0.166%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.226% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EGLDUSD | 4.3318 | 0.0020 | pay 0.0002% / 1h | 47m 46s | $431K | $695K | 20x |
| Short | Gate EGLD_USDT | 4.3390 | 0.0100 | get 0.0100% / 8h | 4h 47m | $448K | $693K | 30x |
Funding 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
- $16.86
- Price spread: +0.166% → −0.060%
- $22.61
- Slippage, 4 orders
- −$127.35
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$112.88
- Costs to cover
- 1.523%
- Break-even
- 53.9 days
Slippage from Kraken Futures: live order book, 10 min ago; Gate: live order book, 9 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 Kraken Futures live order book, 10 min ago | 20.80 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 5.74 bp | 39.8 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_EGLDUSDlong | +0.0020% | 1h | 4.3318 | long leg | $431K | $695K | 20x | |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.508% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3289 | −0.066% | $4.7M | $27.1M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3300 | −0.041% | $2.6M | $8.7M | 75x | as long as short |
| Gate EGLD_USDTshort | +0.0100% | 8h | 4.3390 | +0.166% | $448K | $693K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3290 | −0.064% | $3.9M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3390 | +0.166% | $2.7M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3280 | −0.088% | $2.2M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3352 | +0.080% | $17K | $54K | — | as long as short |
| BingX EGLD-USDT | +0.0200% | 8h | 4.3260 | −0.134% | — | $2.9M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3280 | −0.088% | $226K | $585K | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0231% | 8h | 4.3330 | +0.028% | $618K | $5.1M | 20x | as long as short |
Kraken Futures PF_EGLDUSD
Gate EGLD_USDT
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BingX EGLD-USDT
BloFin EGLD-USDT
OKX EGLD-USDT-SWAP