Funding you earn now, next payment 00:00 UTC+0.0338%/8h= +37.0% APRpaid last 24h +0.146%
Price spread now: Kraken Futures against Gate+0.170%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.170% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03762 | 0.0100 | pay 0.0050% / 4h | 56m 58s | $252K | $238K | 25x |
| Short | Kraken Futures PF_IDUSD | 0.03768 | 0.0438 | get 0.0055% / 1h | 56m 58s | $4K | $2K | 10x |
Gate ID_USDT
Kraken Futures PF_IDUSDFunding 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
- $71.05
- Price spread: +0.170% → 0.000%
- $17
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $63.04
- Costs to cover
- 0.250%
- Break-even
- 0.8 days
Slippage unknown: Gate: live order book, 15 min ago; Kraken Futures: 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 Gate live order book, 15 min ago | 6.68 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03761 | −0.026% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03766 | +0.102% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03766 | +0.106% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03762 | long leg | $252K | $238K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03765 | +0.080% | $432K | $155K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03762 | 0.000% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03770 | +0.213% | $786K | $578K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03764 | +0.053% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03757 | −0.120% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0142% | 4h | 0.03763 | +0.027% | $161K | $12K | 50x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
BloFin ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDshort | +0.0438% | 1h | 0.03768 | +0.170% | $4K | $2K | 10x |