Funding you earn now, next payment 23:00 UTC−0.0762%/8h= −83.4% APRpaid last 24h −0.368%
Price spread now: Gate against Kraken Futures+0.047%51s7-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 0.047% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAVAUSD | 0.07069 | 0.0862 | pay 0.0108% / 1h | 4m 28s | $42K | $32K | 10x |
| Short | Gate KAVA_USDT | 0.07072 | 0.0100 | get 0.0050% / 4h | 1h 04m | $499K | $93K | 25x |
Funding 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
- −$160.04
- Price spread: +0.047% → 0.000%
- $4.67
- 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
- −$180.37
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 11 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, 11 min ago | 4.99 bp | 57.0 bp −$57 | doesn't fit | 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.
KAVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.07062 | −0.095% | $7.7M | $8.2M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07061 | −0.109% | $1.3M | $698K | 25x | as long as short |
| Gate KAVA_USDTshort | +0.0100% | 4h | 0.07072 | +0.047% | $499K | $93K | 25x | |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07061 | −0.109% | $418K | $151K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07052 | −0.236% | $371K | $55K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07065 | −0.052% | $760K | $338K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07046 | −0.328% | $2K | $1 | — | as long as short |
| BingX KAVA-USDT | +0.0200% | 4h | 0.07063 | −0.081% | — | $2.3M | — | as long as short |
| Kraken Futures PF_KAVAUSDlong | +0.0862% | 1h | 0.07069 | long leg | $42K | $32K | 10x |
Kraken Futures PF_KAVAUSD
Gate KAVA_USDT
Binance KAVAUSDT
Bybit KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
BingX KAVA-USDT