S

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1821%/8h= +199.4% APRnext payment +$2.28 per $10,000 · paid last 24h +0.533%

Price spread now: gTrade (Gains Network) against Kraken Futures+0.121%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$55 a day on $10k at the current rate, and gTrade (Gains Network) is 0.121% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUSD	0.03980	−0.1827	get 0.0228% / 1h	26m 33s	$34K	$16K	10x
Short	gTrade (Gains Network) S/USD	0.03985	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	26m 33s	$614	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.121%Rate

Funding earned: $382.42
Price spread: +0.121% → 0.000%: $12.05
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $374.47
Costs to cover: 0.200%
Break-even: 0.1 days

Slippage unknown: Kraken Futures: no order-book sample; gTrade (Gains Network): 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Kraken Futures and 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.

S on 25 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
01 Exchange SUSD	−0.9136%	1h	0.03840	−3.521%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSDlong	−0.1827%	1h	0.03980	long leg	$34K	$16K	10x
Coinbase International S-PERP-INTX	−0.1232%	1h	0.03961	−0.480%	$48K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.03984	+0.090%	$1K	—	100x	as long as short
Variational Omni S	−0.0140%	4h	0.03978	−0.044%	$617K	$28K	—	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03997	+0.428%	$4	—	15x	as long as short
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.03985	+0.121%	$614	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+3.012%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0083%	4h	0.03984	+0.097%	$99K	$542K	10x	as long as short
Lighter S	+0.0096%	1h	0.03995	+0.374%	$170K	$139K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.03998	+0.452%	$1.0M	$595K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03997	+0.435%	$46K	$111K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03998	+0.438%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03990	+0.248%	$5.7M	$4.4M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03996	+0.399%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03995	+0.374%	$325K	$185K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03997	+0.424%	$3.6M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03992	+0.298%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03998	+0.449%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03997	+0.424%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03980	−0.003%	$24K	$484K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03996	+0.390%	$225K	$593K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03987	+0.173%	$271K	$108K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0754%	1h	0.03988	+0.198%	$67K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.2148%	1h	0.03990	+0.248%	$116K	$426K	5x	as long as short