Funding you earn now, next payment 02:00 UTC+0.4404%/8h= +482.3% APRnext payment +$5.51 per $10,000 · paid last 24h +0.455%
Price spread now: Kraken Futures against Gate−0.294%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days−2.315%−$232 on $10k
+Price spread, last 3 days (all we have)+0.255%+$25 · spread now −0.294%, 7d avg +0.024%
=Funding pays, the price is against you. Kraken Futures is 0.318% cheaper against Gate than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of +0.024%). If the spread goes back, that is −$32 on $10k: about 6 hours of funding at the current rate (+$132 a day). Mind the row above: over the last 7 days funding on this pair cost −2.315%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.315% in total (about -120.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LSK_USDT | 0.3486 | −0.5784 | get 0.0723% / 1h | 28m 57s | $1.4M | $2.8M | 20x |
| Short | Kraken Futures PF_LSKUSD | 0.3476 | −0.1380 | pay 0.0172% / 1h | 28m 57s | $114K | $246K | 10x |
Gate LSK_USDT
Kraken Futures PF_LSKUSDFunding 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
- $924.92
- Price spread: −0.294% → +0.024%
- −$31.77
- Slippage, 4 orders
- −$156
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $712.15
- Costs to cover
- 1.810%
- Break-even
- 1.6 days
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 39 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 | 5.73 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 39 min ago | 18.71 bp | 26.8 bp −$27 | 193.0 bp −$1,930 | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LSKUSDT | −1.6346% | 1h | 0.3498 | +0.347% | $9.6M | $21.9M | 25x | as long as short |
| Variational Omni LSK | −1.0370% | 1h | 0.3500 | +0.396% | $26K | $196K | — | as long as short |
| Gate LSK_USDTlong | −0.5784% | 1h | 0.3486 | long leg | $1.4M | $2.8M | 20x | |
| Phemex LSKUSDT | −0.4961% | 4h | 0.3476 | −0.278% | $1.3M | $2.3M | 10x | as long as short |
| Aster LSKUSDT | −0.4324% | 1h | 0.3480 | −0.161% | $61K | $135K | 5x | as long as short |
| Binance LSKUSDT | −0.4254% | 1h | 0.3485 | −0.017% | $14.7M | $102.3M | 50x | as long as short |
| MEXC LSK_USDT | −0.4176% | 1h | 0.3483 | −0.083% | $7.9M | $2.6M | 20x | as long as short |
| HTX LSK-USDT | −0.2693% | 1h | 0.3485 | −0.034% | $56K | $295K | 20x | as long as short |
| Bitget LSKUSDT | −0.1728% | 1h | 0.3484 | −0.057% | $2.6M | $9.9M | 50x | as long as short |
| Kraken Futures PF_LSKUSDshort | −0.1380% | 1h | 0.3476 | −0.294% | $114K | $246K | 10x |
Bybit LSKUSDT
Variational Omni LSK
Phemex LSKUSDT
Aster LSKUSDT
Binance LSKUSDT
MEXC LSK_USDT
HTX LSK-USDT
Bitget LSKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LSK-USDT | −0.0968% | 1h | 0.3486 | −0.006% | — | $3.0M | — | as long as short |
BingX LSK-USDT