Funding you earn now, next payment 03:00 UTC−0.0344%/8h= −37.6% APRpaid last 24h −0.108%
Price spread now: Gate against Kraken Futures−0.003%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007659 | 0.0444 | pay 0.0055% / 1h | 9m 15s | $45K | $8K | 10x |
| Short | Gate ALT_USDT | 0.007659 | 0.0100 | get 0.0100% / 8h | 5h 09m | $50K | $401K | 25x |
Kraken Futures PF_ALTUSD
Gate ALT_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
- −$72.19
- Price spread: −0.003% → 0.000%
- −$0.27
- 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
- −$97.47
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 51 min ago. 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 Gate live order book, 51 min ago | 6.57 bp | 269.9 bp −$270 | 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007655 | −0.055% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +0.415% | $837 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0087% | 4h | 0.007668 | +0.115% | $125K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007649 | −0.133% | $1.1M | $193K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007658 | −0.016% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007652 | −0.094% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDTshort | +0.0100% | 8h | 0.007659 | −0.003% | $50K | $401K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007656 | −0.042% | $410K | $185K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007663 | +0.050% | $152K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007649 | −0.133% | $603K | $108K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007663 | +0.050% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007661 | +0.023% | $4K | $16K | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007700 | +0.533% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSDlong | +0.0444% | 1h | 0.007659 | long leg | $45K | $8K | 10x |
BingX ALT-USDT
Variational Omni ALT
Coinbase International ALT-PERP-INTX