Funding you earn now, next payment 06:00 UTC−3.9550%/8h= −4330.8% APRpaid last 24h −3.676%
Price spread now: Gate against Kraken Futures+0.702%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
The price spread pays, funding is against you. Gate is 0.702% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.702% now, against zero (this spread has no 7-day history yet)): +$70 on $10k if it goes back. Holding the pair costs −$1,187 a day in funding at the current rate, which eats that in about 1 hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PROMPTUSD | 0.02226 | 3.9666 | pay 0.4958% / 1h | 55m 47s | $2K | $3K | 10x |
| Short | Gate PROMPT_USDT | 0.02242 | 0.0116 | get 0.0058% / 4h | 2h 55m | $560K | $80K | 20x |
Kraken Futures PF_PROMPTUSD
Gate PROMPT_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
- −$8,305.6
- Price spread: +0.702% → 0.000%
- $70.23
- 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
- −$8,260.37
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 55 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, 55 min ago | 24.60 bp | 179.8 bp −$180 | 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.
PROMPT on 9 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 PROMPTUSDT | +0.0100% | 4h | 0.02237 | +0.459% | $3K | $1K | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02237 | +0.459% | $1.2M | $1.9M | 40x | as long as short |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02236 | +0.433% | $338K | $212K | 5x | as long as short |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02239 | +0.568% | $105K | $106K | 20x | as long as short |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02231 | +0.208% | $86K | $72K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02236 | +0.433% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02236 | +0.415% | $3K | $6K | — | as long as short |
| Gate PROMPT_USDTshort | +0.0116% | 4h | 0.02242 | +0.702% | $560K | $80K | 20x | |
| Kraken Futures PF_PROMPTUSDlong | +3.9666% | 1h | 0.02226 | long leg | $2K | $3K | 10x |
Aster PROMPTUSDT
Binance PROMPTUSDT
Bybit PROMPTUSDT
MEXC PROMPT_USDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT