Funding you earn now, next payment 04:00 UTC−0.0392%/8h= −42.9% APRpaid last 24h +0.009%
Price spread now: Kraken Futures against Gate−0.241%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 −$12 a day on $10k at the current rate, and Kraken Futures is 0.241% cheaper against Gate than usual: you would sell low and buy high (−$24 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 SOON_USDT | 0.1946 | 0.0896 | pay 0.0448% / 4h | 16m 19s | $3.2M | $125K | 50x |
| Short | Kraken Futures PF_SOONUSD | 0.1941 | 0.0504 | get 0.0063% / 1h | 16m 19s | $11K | $2K | 10x |
Gate SOON_USDT
Kraken Futures PF_SOONUSDFunding 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
- −$82.29
- Price spread: −0.241% → 0.000%
- −$24.08
- 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
- −$131.38
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 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, 2 min ago | 5.14 bp | 91.4 bp −$91 | 12656.3 bp −$126.6K | 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.
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1950 | +0.180% | $1.8M | $3.3M | 50x | as long as short |
| Kraken Futures PF_SOONUSDshort | +0.0504% | 1h | 0.1941 | −0.241% | $11K | $2K | 10x | |
| OKX SOON-USDT-SWAP | +0.0731% | 4h | 0.1950 | +0.206% | $1.9M | $486K | 20x | as long as short |
| Binance SOONUSDT | +0.0743% | 4h | 0.1949 | +0.140% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0744% | 1h | 0.1948 | +0.112% | $6K | $188K | 5x | as long as short |
| Gate SOON_USDTlong | +0.0896% | 4h | 0.1946 | long leg | $3.2M | $125K | 50x | |
| Bitget SOONUSDT | +0.0992% | 4h | 0.1947 | +0.051% | $9.1M | $271K | 25x | as long as short |
| Aster SOONUSDT | +0.1180% | 4h | 0.1943 | −0.154% | $189K | $3K | 5x | as long as short |
| Variational Omni SOON | +0.1473% | 4h | 0.1934 | −0.609% | $238K | $20K | — | as long as short |
| BingX SOON-USDT | +0.1854% | 4h | 0.1943 | −0.154% | — | $6.7M | — | as long as short |
KuCoin SOONUSDTM
OKX SOON-USDT-SWAP
Binance SOONUSDT
Extended SOON-USD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.1919% | 4h | 0.1938 | −0.416% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT