Funding you earn now, next payment 03:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h +0.041%
Price spread now: Gate against Kraken Futures+0.082%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 0.082% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EURUSD | 1.1467 | 0.0119 | pay 0.0015% / 1h | 52m 49s | $3K | — | 50x |
| Short | Gate EURUSD_USDT | 1.1476 | 0 | get 0.0000% / 8h | 5h 52m | $142K | $4K | 100x |
Kraken Futures PF_EURUSD
Gate EURUSD_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
- −$24.9
- Price spread: +0.082% → 0.000%
- $8.17
- 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
- −$41.74
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 3 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, 3 min ago | 6.53 bp | 20.3 bp −$20 | 189.0 bp −$1,890 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0156% | 4h | 1.1468 | +0.012% | $6.8M | $136K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.049% | $582K | $280K | 100x | as long as short |
| Gate EURUSD_USDTshort | 0.0000% | 8h | 1.1476 | +0.082% | $142K | $4K | 100x | |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.038% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1465 | −0.014% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1475 | +0.073% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1470 | +0.029% | $13K | $255K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0018% | 1h | 1.1468 | +0.012% | $466K | $154K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1465 | −0.016% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | +0.033% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Bybit EURUSDUSDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1497 | +0.263% | — | $264K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | +0.003% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1475 | +0.076% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSDlong | +0.0119% | 1h | 1.1467 | long leg | $3K | — | 50x | |
| tradeXYZ xyz:EUR | +0.0251% | 1h | 1.1475 | +0.073% | $23.3M | $1.8M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0288% | 1h | 1.1477 | +0.090% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0296% | 1h | 1.1479 | +0.110% | $2.1M | $444K | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0296% | 1h | 1.1467 | +0.008% | $171K | $8.2M | 30x | as long as short |
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP
Lighter EURUSD
Hibachi EUR/USDT-P