Funding spread now, next payment 17:00 UTC+0.2618%/8h
paid, last 24h+0.430%paid, last 4 days−0.074%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.074% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TUSD | 0.005119 | −0.4412 | get 0.0552% / 1h | 1m 31s | $2K | $2K | 10x |
| Short | Gate T_USDT | 0.005121 | −0.1794 | pay 0.0897% / 4h | 3h 01m | $211K | $129K | 20x |
Kraken Futures PF_TUSD
Gate T_USDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $549.87
- 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
- $524.87
- Break-even
- 0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 40 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.036%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 40 min ago | 2.91 bp | 96.6 bp −$97 | 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.
T on 8 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDlong | −0.4412% | 1h | $2K | $2K | 10x | |
| Gate T_USDTshort | −0.1794% | 4h | $211K | $129K | 20x | |
| Variational Omni T | −0.1056% | 4h | $7K | $13K | — | as long as short |
| KuCoin TUSDTM | −0.0836% | 4h | $1.3M | $105K | 12x | as long as short |
| Bybit TUSDT | −0.0798% | 4h | $1.6M | $2.4M | 25x | as long as short |
| Binance TUSDT | −0.0717% | 4h | $3.2M | $11.0M | 50x | as long as short |
| MEXC T_USDT | −0.0710% | 4h | $3.1M | $310K | 20x | as long as short |
| Bitget TUSDT | −0.0656% | 4h | $899K | $807K | 50x | as long as short |
Variational Omni T
KuCoin TUSDTM
Bybit TUSDT
Binance TUSDT
MEXC T_USDT
Bitget TUSDT