Funding you earn now, next payment 06:00 UTC−0.0151%/8h= −16.6% APRpaid last 24h +0.021%
Price spread now: Gate against Kraken Futures+0.385%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$550.550% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.431%−$43 · spread now +0.385%, 7d avg −0.035%
=The price spread pays, funding is against you. Gate is 0.419% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.385% now, against its 7-day average of −0.035%): +$42 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FILUSD | 0.9898 | 0.0251 | pay 0.0031% / 1h | 20m 34s | $1.3M | $2.2M | 50x |
| Short | Gate FIL_USDT | 0.9936 | 0.0100 | get 0.0100% / 8h | 2h 20m | $8.3M | $16.8M | 50x |
Kraken Futures PF_FILUSD
Gate FIL_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
- −$31.75
- Price spread: +0.385% → −0.035%
- $41.93
- Slippage, 4 orders
- −$30.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.85
- Costs to cover
- 0.550%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 3.05 bp | 19.4 bp −$19 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.02 bp | 11.8 bp −$12 | 23.9 bp −$239 | 52.4 bp −$5,241 | 84.2 bp −$42.1K |
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 | −0.0356% | 1h | 0.9901 | +0.031% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9913 | +0.152% | $341K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9901 | +0.031% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9928 | +0.305% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.434% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0038% | 8h | 0.9929 | +0.314% | $18.1M | $108.7M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0056% | 8h | 0.9931 | +0.334% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9924 | +0.260% | $148K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9927 | +0.293% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9937 | +0.394% | $507K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9934 | +0.361% | $56.2M | $186.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9929 | +0.314% | $15.6M | $20.5M | 25x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9936 | +0.385% | $8.3M | $16.8M | 50x | |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9923 | +0.253% | $234K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9933 | +0.354% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9933 | +0.354% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9896 | −0.022% | $448K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9847 | −0.517% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9842 | −0.563% | $295K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9840 | −0.585% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9907 | +0.088% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | +0.021% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9893 | −0.050% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9908 | +0.102% | $617K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9890 | −0.080% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9932 | +0.340% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9902 | +0.041% | $2.7M | $690K | 75x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0251% | 1h | 0.9898 | long leg | $1.3M | $2.2M | 50x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9900 | +0.023% | $265K | — | 100x | as long as short |
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]