S

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1924%/8h= +210.7% APRnext payment +$2.41 per $10,000 · paid last 24h +0.546%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.181%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. gTrade (Gains Network) is 0.181% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 8 hours of funding at the current rate (+$58 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUSD	0.04094	−0.1930	get 0.0241% / 1h	39m 02s	$33K	$18K	10x
Short	gTrade (Gains Network) S/USD	0.04086	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	39m 02s	$632	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.181%Rate

Funding earned: $404.05
Price spread: −0.181% → 0.000%: −$18.11
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $365.94
Costs to cover: 0.200%
Break-even: 0.7 days

Slippage unknown: Kraken Futures: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Kraken Futures and gTrade (Gains Network): 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.

S on 25 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
01 Exchange SUSD	−0.9472%	1h	0.03950	−3.514%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSDlong	−0.1930%	1h	0.04094	long leg	$33K	$18K	10x
Coinbase International S-PERP-INTX	−0.1064%	1h	0.04101	+0.174%	$50K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04098	+0.098%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04100	+0.151%	$4	—	15x	as long as short
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.04086	−0.181%	$632	—	150x
Variational Omni S	+0.0028%	4h	0.04113	+0.472%	$639K	$17K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.150%	$2K	$37K	12x	as long as short
Lighter S	+0.0096%	1h	0.04135	+1.005%	$180K	$140K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04086	−0.195%	$1.0M	$587K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SUSDT	+0.0100%	4h	0.04087	−0.158%	$48K	$129K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04086	−0.187%	$5.8M	$13.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04076	−0.437%	$5.8M	$4.2M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04079	−0.363%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04079	−0.363%	$333K	$175K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04087	−0.168%	$4.0M	$1.9M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04133	+0.956%	$1.9M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04084	−0.241%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04102	+0.199%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04120	+0.638%	$23K	$493K	50x	as long as short
Orderly PERP_S_USDC	+0.0100%	4h	0.04095	+0.028%	$102K	$588K	10x	as long as short
Extended S-USD	+0.0104%	1h	0.04084	−0.243%	$230K	$1.3M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04105	+0.272%	$279K	$117K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0971%	1h	0.04099	+0.125%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1515%	1h	0.04100	+0.150%	$108K	$446K	5x	as long as short