Funding you earn now, next payment 01:00 UTC+0.1345%/8h= +147.3% APRpaid last 24h −0.152%
Price spread now: Kraken Futures against Gate−0.260%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2472.465% of the position
Funding, last 7 days−1.817%−$182 on $10k
+Price spread, last 3 days (all we have)−0.065%−$6 · spread now −0.260%, 7d avg −0.167%
=Funding pays, the price is against you. Kraken Futures is 0.093% cheaper against Gate than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.167%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 7 days funding on this pair cost −1.817%, 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 | Gate MUBARAK_USDT | 0.04389 | 0.0466 | pay 0.0233% / 4h | 3h 11m | $6.9M | $5.4M | 50x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04378 | 0.1811 | get 0.0226% / 1h | 11m 53s | $63K | $428K | 10x |
Funding 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
- $282.45
- Price spread: −0.260% → −0.167%
- −$9.34
- Slippage, 4 orders
- −$221.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $26.59
- Costs to cover
- 2.465%
- Break-even
- 6.3 days
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 61 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, 1 min ago | 4.56 bp | 43.7 bp −$44 | 625.4 bp −$6,254 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 61 min ago | 50.81 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDT | +0.0100% | 4h | 0.04394 | +0.122% | $16.0M | $87.7M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0100% | 4h | 0.04392 | +0.068% | $3.3M | $10.7M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04390 | +0.016% | $2.6M | $53.7M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04392 | +0.068% | $863K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04393 | +0.091% | $2.8M | $7.2M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0100% | 4h | 0.04392 | +0.068% | — | $3.1M | — | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04368 | −0.476% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0162% | 4h | 0.04398 | +0.204% | $21K | $399K | 5x | as long as short |
| Gate MUBARAK_USDTlong | +0.0466% | 4h | 0.04389 | long leg | $6.9M | $5.4M | 50x | |
| KuCoin MUBARAKUSDTM | +0.0920% | 4h | 0.04390 | +0.023% | $1.6M | $1.1M | 30x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDshort | +0.1811% | 1h | 0.04378 | −0.260% | $63K | $428K | 10x |
Gate MUBARAK_USDT
Kraken Futures PF_MUBARAKUSD
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM