Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.022%
Price spread now: Kraken Futures against Gate+0.031%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.031%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 0.9932 | 0.0100 | pay 0.0100% / 8h | 3h 09m | $8.4M | $16.9M | 50x |
| Short | Kraken Futures PF_FILUSD | 0.9935 | 0.0067 | get 0.0008% / 1h | 9m 36s | $1.4M | $2.2M | 50x |
Gate FIL_USDT
Kraken Futures PF_FILUSDFunding 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
- −$6.96
- Price spread: +0.031% → +0.040%
- −$0.9
- Slippage, 4 orders
- −$36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$68.85
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago | 0.50 bp | 20.8 bp −$21 | 36.5 bp −$365 | 56.6 bp −$5,657 | 85.8 bp −$42.9K |
| Sell Kraken Futures live order book, 4 min ago | 4.02 bp | 12.1 bp −$12 | 30.8 bp −$308 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0756% | 1h | 0.9933 | +0.010% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9947 | +0.151% | $357K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9930 | −0.020% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9938 | +0.063% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0003% | 8h | 0.9926 | −0.060% | $18.2M | $105.9M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9930 | −0.020% | $7.3M | $7.8M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.775% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSDshort | +0.0067% | 1h | 0.9935 | +0.031% | $1.4M | $2.2M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9932 | −0.003% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9933 | +0.010% | $8.4M | $9.4M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9935 | +0.034% | $507K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9930 | −0.017% | $56.8M | $184.9M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9925 | −0.070% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 0.9932 | long leg | $8.4M | $16.9M | 50x | |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9929 | −0.030% | $234K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9929 | −0.030% | $11.2M | $20.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9930 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9934 | +0.017% | $450K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9949 | +0.167% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9949 | +0.167% | $288K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9960 | +0.282% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9938 | +0.063% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9930 | −0.020% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9926 | −0.060% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9936 | +0.040% | $618K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | −0.020% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9931 | −0.007% | $700K | $1.5M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9951 | +0.191% | $2.7M | $707K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0586% / S −0.0258% | 1h | 0.9929 | −0.029% | $265K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]