Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h −0.442%
Price spread now: Gate against Kraken Futures−0.040%7-day average −0.187% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.040%, 7d avg −0.187%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.147% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.187%. Mind the row above: over the last 7 days funding on this pair cost −0.146%, 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_LPTUSD | 1.7027 | −0.0024 | get 0.0003% / 1h | 27m 03s | $44K | $85K | 25x |
| Short | Gate LPT_USDT | 1.7020 | 0.0100 | get 0.0100% / 8h | 4h 27m | $231K | $870K | 50x |
Kraken Futures PF_LPTUSD
Gate LPT_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
- $26.14
- Price spread: −0.040% → −0.187%
- $14.68
- 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
- $15.82
- Costs to cover
- 0.250%
- Break-even
- 2.8 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 30 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, 30 min ago | 5.87 bp | 252.6 bp −$253 | 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.
LPT 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_LPTUSDlong | −0.0024% | 1h | 1.7027 | long leg | $44K | $85K | 25x | |
| BloFin LPT-USDT | +0.0068% | 4h | 1.7140 | +0.665% | $194K | $28K | 50x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7032 | +0.032% | $1K | $18K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7026 | −0.002% | $3.5M | $10.2M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7025 | −0.011% | $1.7M | $1.8M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7020 | −0.040% | $1.4M | $3.0M | 20x | as long as short |
| Gate LPT_USDTshort | +0.0100% | 8h | 1.7020 | −0.040% | $231K | $870K | 50x | |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7020 | −0.040% | $1.9M | $932K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7030 | +0.019% | $316K | $163K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7020 | −0.040% | $1.3M | $693K | 50x | as long as short |
BloFin LPT-USDT
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7030 | +0.019% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7114 | +0.509% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT