Funding you earn now, next payment 03:00 UTC+0.2168%/8h= +237.4% APRpaid last 24h +0.681%
Price spread now: Kraken Futures against Gate+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.143%+$14 on $10k
+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 +$65 a day on $10k at the current rate, and Kraken Futures is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVX_USDT | 2.0500 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $69K | $28K | 25x |
| Short | Kraken Futures PF_CVXUSD | 2.0508 | 0.2268 | get 0.0283% / 1h | 4m 40s | $118K | $88K | 10x |
Gate CVX_USDT
Kraken Futures PF_CVXUSDFunding 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
- $455.26
- Price spread: +0.037% → 0.000%
- $3.72
- 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
- $433.98
- Costs to cover
- 0.250%
- Break-even
- 0.3 days
Slippage unknown: Gate: no order-book sample; Kraken Futures: live order book, 57 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 Gate no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 57 min ago | 37.42 bp | 90.9 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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.
CVX on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CVX/USDC PERP | +0.0033% | 1h | 1.9790 | −3.463% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0519 | +0.091% | $1.7M | $2.6M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0530 | +0.146% | $1.7M | $716K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0490 | −0.049% | $250K | $323K | 10x | as long as short |
| Gate CVX_USDTlong | +0.0100% | 8h | 2.0500 | long leg | $69K | $28K | 25x | |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0510 | +0.049% | $2.0M | $460K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0520 | +0.098% | $813K | $71K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0490 | −0.049% | $620K | $128K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0520 | +0.098% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0503 | +0.012% | $5K | $2K | — | as long as short |
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVXShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDT | +0.0340% | 4h | 2.0470 | −0.146% | $83K | $156K | 75x | as long as short |
| GMX CVX/USD [ETH-USDC] | L +0.0488% / S −0.0195% | 1h | 2.0465 | −0.172% | $169K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSDshort | +0.2268% | 1h | 2.0508 | +0.037% | $118K | $88K | 10x |
BloFin CVX-USDT
GMX CVX/USD [ETH-USDC]