Funding you earn now, next payment 08:00 UTC−0.1384%/8h= −151.6% APRpaid last 24h −0.329%
Price spread now: Kraken Futures against Gate−0.181%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$42 a day on $10k at the current rate, and Kraken Futures is 0.181% cheaper against Gate than usual: you would sell low and buy high (−$18 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 | Gate GMT_USDT | 0.008480 | 0.0100 | pay 0.0100% / 8h | 15m 47s | $140K | $186K | 50x |
| Short | Kraken Futures PF_GMTUSD | 0.008465 | −0.1284 | pay 0.0161% / 1h | 15m 47s | $43K | $13K | 20x |
Gate GMT_USDT
Kraken Futures PF_GMTUSDFunding 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
- −$290.68
- Price spread: −0.181% → 0.000%
- −$18.11
- 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
- −$333.79
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 15 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, 15 min ago | 11.89 bp | 39.7 bp −$40 | 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.
GMT on 12 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_GMTUSDshort | −0.1284% | 1h | 0.008465 | −0.181% | $43K | $13K | 20x | |
| Variational Omni GMT | −0.0188% | 8h | 0.008458 | −0.263% | $4K | $6K | — | as long as short |
| Bybit GMTUSDT | −0.0137% | 8h | 0.008461 | −0.224% | $1.1M | $2.1M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0088% | 4h | 0.008460 | −0.236% | $241K | $204K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0067% | 4h | 0.008455 | −0.295% | $389K | $1.2M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008464 | −0.189% | $117K | $146K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008464 | −0.185% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008465 | −0.177% | $2.8M | $5.6M | 50x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008480 | long leg | $140K | $186K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008467 | −0.153% | $445K | $219K | 20x | as long as short |
Variational Omni GMT
Bybit GMTUSDT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008472 | −0.094% | $698K | $639K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008462 | −0.212% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT