Funding you earn now, next payment 23:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.146%
Price spread now: Gate against Kraken Futures+0.117%51s7-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
The price spread pays, funding is against you. Gate is 0.117% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 30 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03757 | 0.0407 | pay 0.0051% / 1h | 52m 27s | $4K | $2K | 10x |
| Short | Gate ID_USDT | 0.03761 | 0.0100 | get 0.0050% / 4h | 1h 52m | $254K | $234K | 25x |
Kraken Futures PF_IDUSD
Gate ID_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
- −$64.52
- Price spread: +0.117% → 0.000%
- $11.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.82
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 24 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 24 min ago | 5.35 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.03765 | +0.219% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03759 | +0.064% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03760 | +0.090% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDTshort | +0.0100% | 4h | 0.03761 | +0.117% | $254K | $234K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03757 | +0.011% | $362K | $142K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03762 | +0.144% | $1.1M | $61K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03762 | +0.144% | $780K | $571K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03762 | +0.144% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03762 | +0.148% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0109% | 4h | 0.03761 | +0.117% | $162K | $11K | 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_IDUSDlong | +0.0407% | 1h | 0.03757 | long leg | $4K | $2K | 10x |