USDC

Alert

Funding spread now, next payment 17:00 UTC+0.0239%/8h

paid, last 24h+0.034%paid, last 4 days+0.212%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_USDCUSD	0.9998	−0.0139	get 0.0017% / 1h	14m 21s	$14K	$928	50x
Short	Gate USDC_USDT	0.9992	0.0100	get 0.0100% / 8h	7h 14m	$253K	$21K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GatebpOrdersRate

Funding earned: $50.27
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: $25.27
Break-even: 3.5 days

Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 27 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.055%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 27 min ago	3.00 bp	10.5 bp −$11	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.

USDC on 8 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_USDCUSDlong	−0.0139%	1h	$14K	$928	50x
KuCoin USDCUSDTM	−0.0123%	8h	$2.5M	$19K	30x	as long as short
MEXC USDC_USDT	−0.0046%	8h	$16.5M	$202K	200x	as long as short
Binance USDCUSDT	−0.0046%	8h	$4.4M	$3.1M	50x	as long as short
Bitget USDCUSDT	−0.0027%	8h	$4.3M	$17K	50x	as long as short
Bybit USDCUSDT	0.0000%	8h	$9.5M	$424K	50x	as long as short
OKX USDC-USDT-SWAP	0.0000%	8h	$1.1M	$40K	50x	as long as short
Gate USDC_USDTshort	+0.0100%	8h	$253K	$21K	50x