Funding you earn now, next payment 01:00 UTC−0.0326%/8h= −35.7% APRnext payment −$0.41 per $10,000 · paid last 24h −0.013%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FIL/USD | 0.9929 | L −0.0004% / S +0.0006% | get 0.0001% / 1h | 22m 06s | $25K | — | 150x |
| Short | Kraken Futures PF_FILUSD | 0.9926 | −0.0330 | pay 0.0041% / 1h | 22m 06s | $1.4M | $2.4M | 50x |
gTrade (Gains Network) FIL/USD
Kraken Futures PF_FILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$68.46
- Price spread: −0.029% → 0.000%
- −$2.86
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$91.32
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 2 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 4.03 bp | 21.3 bp −$21 | 38.2 bp −$382 | doesn't fit | doesn't fit |
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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSDshort | −0.0330% | 1h | 0.9926 | −0.029% | $1.4M | $2.4M | 50x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9914 | −0.150% | $318K | $1.8M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0153% | 1h | 0.9929 | +0.001% | $171K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0043% | 8h | 0.9917 | −0.120% | $18.0M | $97.9M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0038% | 8h | 0.9918 | −0.110% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USDlong | L −0.0004% / S +0.0006% | 1h | 0.9929 | long leg | $25K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9915 | −0.138% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0031% | 8h | 0.9914 | −0.148% | $57.1M | $177.6M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9922 | −0.073% | $695K | $3.6M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.744% | $2K | $240K | 12x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0065% | 8h | 0.9914 | −0.150% | $245K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0069% | 8h | 0.9916 | −0.130% | $10.9M | $21.3M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9917 | −0.119% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9916 | −0.133% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9925 | −0.035% | $506K | $554K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9916 | −0.130% | $15.4M | $18.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9924 | −0.049% | $8.2M | $16.2M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9917 | −0.120% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9880 | −0.494% | $445K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9888 | −0.417% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9894 | −0.356% | $292K | $823K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.593% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9936 | +0.067% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.190% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9919 | −0.100% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9929 | +0.001% | $635K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | −0.090% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0122% | 8h | 0.9906 | −0.231% | $2.6M | $586K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0542% / S −0.0538% | 1h | 0.9929 | 0.000% | $197K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]