Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,065.8 | 0 | 0.0000% / 8h | 33m 29s | $62.0M | $39.0M | 75x | Long Gate | |
| SHORT | 1,065.4 | +0.0232 | get 0.0029% / 1h | 33m 29s | $248K | $317K | 20x | Short Kraken Futures |
Price gap−0.028%
Funding gap+0.0232% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0232% /8h now · paid +0.086% over the last 6 days (all we have)
Price$0spread −0.028% now, avg −0.025% → −0.004% if it goes back
Costs−$430.434% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 6 days it paid +0.086% in total, about +0.0047%/8h on average.
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Kraken Futures price against Gatenow
RANGE STATS · 7D
Now−0.028%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMU on 39 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- OK: Fits both order books11.3 / 9.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $500Gate 75x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.95Long Gate: 3 payments, $0.00; short Kraken Futures: 24 payments, +$6.95.
- Note: Gap at its usual level−0.028% vs −0.025%The price leg adds little either way.
- Watch: Short leg is thinner$248K vs $62.0M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Kraken Futures YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0047%/8h × 21 periods+$9.78
Price spread−0.028% → −0.025% (7d avg)−$0.36
Slippage, 4 orderslive order books−$18.44
Fee Gate bp × 2 orders−$15.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$34.02
Costs to cover0.434%Break-even31.4 days
Slippage: Gate: live order book, 5 min ago; Kraken Futures: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate0.5611.3 bp−$1117.9 bp−$17939.3 bp−$3,92874.7 bp−$37.3K
SELL · SHORTKraken Futures1.759.4 bp−$937.7 bp−$377doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 12:04 | ApeX Omni | Other | $MU earnings drop tomorrow. Will @MicronTech surprise the market after hours? Here’s what to watch and how to trade MU earnings after the bell: @OfficialApeXdex on X ↗ |
| 09-29 11:07 | RISEx | Points | Micron reports after the US close on September 30. The entire memory trades will take its cue from that print. For the next two weeks, these three get a 20% boost on points: $MU $SKHYNIX $NVDA Trade Memory Week on RISEx @risextrade on X ↗ |
| 09-28 15:30 | Vest Markets | Other | Chip names are leading the market lower, with $AMD down around 5% and $INTC around 6%. $AMD is giving back part of the advance that took it above a $1 trillion market cap last week, with $SNDK down around 5% and $MU around 4%. Treasury yields are back at 2007 levels, with crude higher alongside Trump's rejection of Iran's proposal to reopen the Strait of Hormuz. @VestExchange on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-26 14:34 | Backpack | Other | Earnings & macro events to watch for the week of September 28. ▸ Earnings: $MU $NKE $ACN $CCL $KMX $JBL ▸ Macro: US PCE inflation, JOLTS job openings, ISM manufacturing, September jobs report Full market calendar → @Backpack on X ↗ |
| 09-25 04:13 | HTX | Other | 10 trades, 3 on the radar 👀 $XOM → Oil up on peak demand, low supply $MU → Earnings Sept 30th, chips supercycle $SOL → Increased ecosystem activity, volume up What’s got your eye rn? Trade TradFi 24/7 on @HTXFutures @HTX_Global on X ↗ |


ApeX Omni
RISEx
Backpack
HTX