Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h +0.253%
Price spread now: Gate against Kraken Futures−0.349%7-day average +0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3173.169% of the position
Funding, last 7 days+1.379%+$138 on $10k
+Price spread, last 4 days (all we have)+0.650%+$65 · spread now −0.349%, 7d avg +0.186%
=Funding pays, the price is against you. Gate is 0.536% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.349% now, against its 7-day average of +0.186%). If the spread goes back, that is −$54 on $10k: about 13 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+1.379% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05513 | 0.2316 | pay 0.0289% / 1h | 37m 06s | $78K | $757K | 10x |
| Short | Gate MUBARAK_USDT | 0.05494 | 0.2458 | get 0.1229% / 4h | 37m 06s | $9.4M | $13.1M | 50x |
Kraken Futures PF_MUBARAKUSD
Gate MUBARAK_USDTFunding 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
- $29.9
- Price spread: −0.349% → +0.186%
- −$53.57
- Slippage, 4 orders
- −$291.9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$340.57
- Costs to cover
- 3.169%
- Break-even
- 86.7 days
Slippage from Kraken Futures: live order book, 1 min ago; Gate: live order book, 2 min ago.
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 live order book, 1 min ago | 77.01 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.99 bp | 34.2 bp −$34 | 397.7 bp −$3,977 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0262% | 4h | 0.05501 | −0.222% | $4.5M | $120.3M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0392% | 4h | 0.05481 | −0.585% | $3.7M | $19.8M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0517% | 4h | 0.05600 | +1.579% | $14K | $71K | — | as long as short |
| Aster MUBARAKUSDT | +0.0682% | 4h | 0.05461 | −0.948% | $13K | $917K | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0802% | 4h | 0.05490 | −0.422% | $1.7M | $2.7M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0804% | 4h | 0.05458 | −1.002% | $24.6M | $214.3M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.1118% | 4h | 0.05475 | −0.694% | — | $4.6M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1231% | 4h | 0.05468 | −0.821% | $5.4M | $29.2M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1514% | 4h | 0.05476 | −0.676% | $2.9M | $3.3M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSDlong | +0.2316% | 1h | 0.05513 | long leg | $78K | $757K | 10x |
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTshort | +0.2458% | 4h | 0.05494 | −0.349% | $9.4M | $13.1M | 50x |