Settings8H · net · $10k
Funding arb · Price arb /

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+1.1707%/8h= +1281.9% APRpaid last 24h +3.338%
Price spread now: Kraken Futures against Gate+0.887%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$351 a day on $10k at the current rate, and Kraken Futures is 0.887% dearer against Gate than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RARE_USDT0.013260.0100pay 0.0050% / 4h40m 25s$49K$27K20x
ShortKraken Futures PF_RAREUSD0.013381.1807get 0.1476% / 1h40m 25s$3K$2K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2,458.5
Price spread: +0.887% → 0.000%
$88.73
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$2,522.23
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Gate: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell Kraken Futures no order-book sample
Gate and 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.

RARE on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RARE-USDT+0.0070%4h0.01327+0.075%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01326+0.031%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01326−0.006%$1.6M$1.1M25xas long as short
Gate RARE_USDTlong+0.0100%4h0.01326long leg$49K$27K20x
MEXC RARE_USDT+0.0100%4h0.01325−0.075%$585K$170K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01328+0.151%$203K$70K30xas long as short
Bitget RAREUSDT+0.0100%4h0.013260.000%$234K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01328+0.131%$1K$2Kas long as short
Bybit RAREUSDT+0.0100%4h0.01327+0.038%$310K$90K25xas long as short
BloFin RARE-USDT+0.0126%4h0.013260.000%$105K$12K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSDshort+1.1807%1h0.01338+0.887%$3K$2K10x