Funding you earn now, next payment 07:00 UTC+1.3720%/8h= +1502.3% APRpaid last 24h +4.187%
Price spread now: Kraken Futures against Gate+0.555%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
Both sides work for this trade now. Funding pays +$412 a day on $10k at the current rate, and Kraken Futures is 0.555% dearer against Gate than usual: you sell high and buy low: +$56 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SWARMS_USDT | 0.008202 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $947K | $112K | 10x |
| Short | Kraken Futures PF_SWARMSUSD | 0.008248 | 1.3820 | get 0.1727% / 1h | 34m 48s | $9K | $90 | 10x |
Gate SWARMS_USDT
Kraken Futures PF_SWARMSUSDFunding 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
- $2,881.15
- Price spread: +0.555% → 0.000%
- $55.55
- 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
- $2,911.69
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 7 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 7 min ago | 6.06 bp | 985.3 bp −$985 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
SWARMS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDTlong | +0.0100% | 4h | 0.008202 | long leg | $947K | $112K | 10x | |
| BloFin SWARMS-USDT | +0.0707% | 4h | 0.008215 | +0.158% | $226K | $8K | 20x | as long as short |
| BingX SWARMS-USDT | +0.0710% | 4h | 0.008212 | +0.122% | — | $6.5M | — | as long as short |
| Binance SWARMSUSDT | +0.0722% | 4h | 0.008213 | +0.140% | $3.5M | $3.4M | 20x | as long as short |
| Extended SWARMS-USD | +0.0736% | 1h | 0.008209 | +0.091% | $7K | $197K | 5x | as long as short |
| MEXC SWARMS_USDT | +0.0746% | 4h | 0.008211 | +0.110% | $150K | $98K | 100x | as long as short |
| KuCoin SWARMSUSDTM | +0.0976% | 4h | 0.008208 | +0.073% | $769K | $119K | 20x | as long as short |
| Aster SWARMSUSDT | +0.1175% | 4h | 0.008209 | +0.085% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSDshort | +1.3820% | 1h | 0.008248 | +0.555% | $9K | $90 | 10x |
BloFin SWARMS-USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
Extended SWARMS-USD
MEXC SWARMS_USDT
KuCoin SWARMSUSDTM
Aster SWARMSUSDT